54
Question
Who is considered to be founding father of economics?
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Solution
The correct option is C Adam Smith
Adam Smith was an
18th-century Scottish economist, philosopher, and author, and is considered the father of modern economics. ... Smith's ideas–the
importance of free markets, assembly-line production methods, and gross
domestic product (GDP)–formed the basis for theories of classical economics.
Adam Smith is called the father of economics for his work on The Wealth of Nations, which he
published in 1776.
Adam Smith was an 18th-century Scottish economist, philosopher, and author, and is considered the father of modern economics. ... Smith's ideas–the importance of free markets, assembly-line production methods, and gross domestic product (GDP)–formed the basis for theories of classical economics. Adam Smith is called the father of economics for his work on The Wealth of Nations, which he published in 1776.
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