HELPPP 20 POINTTTSSSWhy did Adam Smith believe it was better to pursue personal interests, rather than the general interest of a society?

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Answer 1

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Self-interest according to Smith represents the personal benefit and the actions that would lead to it. Smith believed that when people are free to trade without any restrictions and in their self interest this would lead to competition and thus would lead to creation of better quality goods and more of those goods which would then cost less. This would benefit the society and it will also allow people to spend more which would bring more money to the economy which would again benefit the people.

Answer 2

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