Question

Adam Smith systematized the concept in the form the book which was entitled as -

• A. An enquiry into the Nature and Cause of the Wealth and persons
• B. An enquiry into the Nature and Cause of the Wealth of Nations
• C. An enquiry into the Nature of the Wealth of Nations
• D. An enquiry into the Nature and Cause of the Wealth of society

Answer 1

Answer: (B)

An enquiry into the Nature and Cause of the Wealth of Nations

This question is based on information about adam smith: classical capitalism was expressed in An Inquiry into the Nature and Causes of the Wealth of Nations (1776), by the Scottish economist and philosopher Adam Smith, which recommended leaving economic decisions to the free play of self-regulating market forces.