Adam Smith believed that simple people (like peasants), unlike princes, did not depend on the assistance and cooperation of many thousands of people in making their lives possible.

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Carlota Serras · Accepted Answer

Final Answer : False, Explanation :  Adam Smith believed that simple people, like peasants, did in fact depend on the assistance and cooperation of many thousands of people in making their lives possible. He argued that the division of labor and specialization of tasks allowed for the production of a vast array of goods and services that could not be produced by any individual or small group of people acting alone.

Adam Smith believed that simple people (like peasants), unlike princes, did not depend on the assistance and cooperation of many thousands of people in making their lives possible.

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