Question

Explain the opinion of the classical economists.

Answer 1

${\texttt{\huge{\green{ANSWER :-}}}}$

Classical economics or classical political economy is a school of thought in economics that flourished, primarily in Britain, in the late 18th and early-to-mid 19th century. Its main thinkers are held to be Adam Smith, Jean-Baptiste Say, David Ricardo, Thomas Robert Malthus, and John Stuart Mill.

Answer 2

$\huge\mathfrak\pink{answer}$

The main principle of classical economy is that economy is self regulating .

the classical economist says that economy is always capable of achieving natural GDP or output.