Question

Give characteristics of Adom Smith's definition​

Answer 1

Answer:

Adam Smith FRSA was a Scottish economist , philosopheras , well as a moral philosopher , a pioneer of political economy and a key figure during the Scottish enlightenment also known as " The father of Economics " or " The Father of Capitalism " .

Explanation:

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Answer 2

Answer:

Adam Smith is known primarily for a single work—An Inquiry into the Nature and Causes of the Wealth of Nations (1776), the first comprehensive system of political economy—which included Smith's description of a system of market-determined wages and free rather than government-constrained enterprise