Which of the following characterizes the economic system favored by adam smith? profit is not the main goal of business. mercantilism creates a favorable balance of trade. supply and demand regulate business. the government intervenes in the economy when needed.

The correct answer is: " Supply and demand regulate business"

According to the central thesis of The Wealth of Nations, the key to social welfare lies in economic growth, which is enhanced through the division of labor and free competition. According to this thesis, the division of labor, in turn, deepens as the extension of the markets and therefore specialization expand. For his part, Adam Smith considers free competition as the most ideal means of economics, stating that the contradictions engendered by the laws of the market would be corrected by what he called the "invisible hand" of the system.

In The Wealth of Nations, Smith assumes, in general, that the demand is relatively fixed in the short and medium term (depending ultimately on the number of people), and that, consequently, it is only the offer that makes the price go up or down

choice number 3

Explanation:

"the sepoy rebellion was the result of many, many influences and stressors on the cultures of india living under british rule. in britain, it's called the sepoy mutiny on the indian mutiny, but in india, it's called the first war of independence.

the main reason is concerned to the british paramountcy , the belief in british   dominance in india political, economic and cultural life had been introduced in india about 1820."

"they were forced to grow crops that benefited the colonizing nations instead of feeding their own people."

read more on -

explanation: