Read the following excerpt from Adam Smith's The Wealth of Nations. How are his economic philosophies reflected in modern free enterprise systems?
A monopoly granted either to an individual
A. The Uniter States practices a form of capitalism in which workers pay raxes toward social welfare programs
B. Nations using a free enterprise system must establish government controls to regulate health and safety regulations.
C. European countries have become economic leaders in allowing businesses to operate without government regulation
D. Capitalist countries rely on competition between businesses to set fair prices for goods
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