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Question
__________ defined economics as an enquiry into the cause and wealth of nation.
__________ defined economics as an enquiry into the cause and wealth of nation.
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Solution
The correct option is B Adam Smith
Adam Smith defined economics as ‘An enquiry into the nature and causes of the wealth of nations’. It is also a book written by him and It was first published in the year 1776. The book tells us the reasons and methods of how countries across the world accumulated wealth. Not only this it also talks about the emergence of the industrial revolution.
Adam Smith defined economics as ‘An enquiry into the nature and causes of the wealth of nations’. It is also a book written by him and It was first published in the year 1776. The book tells us the reasons and methods of how countries across the world accumulated wealth. Not only this it also talks about the emergence of the industrial revolution.
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