For many years, Senator Juliana Higdon has called for more government regulation of business. "After all," the senator said rece

Question

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For many years, Senator Juliana Higdon has called for more government regulation of business. "After all," the senator said rece

ntly, "businesses are out to make a profit, not to create jobs or serve their customers. The government needs to pass more laws to require businesses to take the interests of consumers and workers into account." From these comments, it is clear that Senator Higdon

Business

1 answer:

stepan [3.5K] · Answer 1 · 2026-04-02T05:00:27+03:00

Answer:

It seems clear from Senator Higdon's comments that he rejects the concept of the "invisible hand" introduced by Adam Smith.

Explanation:

Senator Jimmy Higdon has a background in business and possesses extensive understanding of the marketplace and how it operates.
The belief system that Senator Higdon advocates revolves around visible factors influencing business operations leading to profits, which ultimately supports other related business activities.