Discussion
Give the correct answer by using the codes given below :
Assertion (A) : The economic theory of the 'Philosophical Radicals' was directed from the start, towards the practical purpose of freeing commerce from the restrictions.
Reason (R) : The general outline of utilitarian thinking was announced in Bentham's earliest work, 'The Fragment of Government'.
Answer: B
Both (A) and (R) are true but (R) is not the correct explanation of (A).
The Assertion is true: the Philosophical Radicals, following Adam Smith and Ricardo, built their economics around laissez-faire, aiming from the start to free trade and industry from mercantilist and other restrictions. The Reason is also true: Bentham's first published work, A Fragment on Government (1776), already set out the principle of utility as the test of law and government.
But the date and contents of Bentham's early book do not explain why the radicals' economic theory was aimed at freeing commerce. That aim came from classical political economy, so R is a separate true statement rather than the reason for A.
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