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Wealth of an Economy

Who is consid...

Question

Who is considered to be the father of economics?

A

George Bernard Shaw

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B

Adam Smith

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C

Alfred Marshall

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D

A. C. Pigou

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Solution

The correct option is B Adam Smith
Adam Smith was a Scottish economist who is known as the father of modern economics as he introduced the concept of science of wealth, wherein, economics refers to the study of the process of production, consumption and accumulation of wealth.

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