Adam smith applied enlightenment ideas of reason to his economic philosophy of laissez-faire and a free market economy. which statement below best explains his concept of natural law in the government’s role in the economic lives of its citizens? a- the government should control trade. b- high taxes for the poor and low taxes for the rich. c- the government stays out of business regulation to let the people operate as they . d- agriculture based on tenant farming and serfdom.