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Jan 29, 2024 · The Father of Modern Economics . Today, Scottish thinker Adam Smith is widely credited with creating the field of modern economics. However, ...
Father of Modern Economics: Paul Samuelson. M.G.Ranade (Mahadev Govind Ranade) (Father of Indian Economics) Father of the Nation (India) Mahatma Gandhi: Father of Modern Economic Reforms (India) Manmohan Singh: Father of Nuclear Science: Marie Curie and Pierre Curie: Father of Mobile Phone: Martin Cooper: Father of Quantum mechanics: Max Planck ...
Solution. Adam Smith is considered the father of economics. According to Smith, the government does not tamper with the economy, a country’s resources will be most effectually utilized, free-market issues will fix themselves and a nation’s welfare and best interests will be agreed. However, Smith’s opinions on the economy predominated for ...
Hard. Solution. Verified by Toppr. Correct option is B) Adam Smith was an economist and philosopherwho wrote "An enquiry into Nature and Causes of the Wealth of Nations" which is now considered as the "bible of capitalism". He is well known as the father of economics. Was this answer helpful?
Adam Smith FRSA (16 June 1723–17 July 1790) was a Scottish economist and philosopher who was a pioneer of political economy and key figure during the Scottish Enlightenment. Also known as "The Father of Economics" or "The Father of Capitalism", he wrote two classic works, The Theory of Moral Sentiments (1759) and An Inquiry into the Nature ...
Adam Smith is known as the father of economics for his pioneering ideas in the field of free gross domestic product and free trade.
Sep 2, 2018 · For his contribution to economics he is considered as Father of Indian Economics. Adam Smith was a Scottish economist and philosopher who was a pioneer in the thinking of political economy. He is seen as "The Father of Economics" or "The Father of Capitalism". He wrote two classic works, The Theory of Moral Sentiments (1759) and An Inquiry into ...
