In the modern world, countries like Canada and the United States tend to move from the left wing to the right wing. Is this a good thing? Adam Smith's laissez-faire theory, "The Invisible Hand", explains the fact that the selfish of all individuals of a society ultimately combine to benefit all of society. People in private enterprise countries have stronger sufficiency and individual initiative, and societies have higher productivity. Alberta government is introducing Bill 11, which …
showed first 75 words of 897 total

showed last 75 words of 897 total
…now. Microsoft's productivity proves that the free market system is the best for a country's economy. Thus when choosing to restructure a country's economy, it is the best for a government to use private enterprise. It helps a government to reduce social costs and it encourages its citizen to be more initiative. The problems that face many economies today such as rising of national debts can best be met by restructuring economies using private enterprise.