Question

who is the father of economics ???anwer the question❤☺ and write about him.plzz answer it....❤​

Answer 1

Answer:

ADAM SMITH IS THE FATHER OF ECONOMICS

Explanation:

Adam Smith (1723-1790)

Adam Smith was a Scottish political economist and philosopher. He has become famous by his influential book The Wealth of Nations (1776). Smith was the son of the comptroller of the customs at Kirkcaldy, Fife, Scotland. The exact date of his birth is unknown. However, he was baptized at Kirkcaldy on June 5, 1723, his father having died some six months previously.

Adam Smith was a Scottish political economist and philosopher. He has become famous by his influential book The Wealth of Nations (1776). Smith was the son of the comptroller of the customs at Kirkcaldy, Fife, Scotland. The exact date of his birth is unknown. However, he was baptized at Kirkcaldy on June 5, 1723, his father having died some six months previously.At the age of about fifteen, Smith proceeded to Glasgow university, studying moral philosophy under "the never-to-be-forgotten" Francis Hutcheson (as Smith called him). In 1740 he entered Balliol college, Oxford, but as William Robert Scott has said, "the Oxford of his time gave little if any help towards what was to be his lifework," and he relinquished his exhibition in 1746. In 1748 he began delivering public lectures in Edinburgh under the patronage of Lord Kames. Some of these dealt with rhetoric and belles-lettres, but later he took up the subject of "the progress of opulence," and it was then, in his middle or late 20s, that he first expounded the economic philosophy of "the obvious and simple system of natural liberty" which he was later to proclaim to the world in his Inquiry into the Nature and Causes of the Wealth of Nations. About 1750 he met David Hume, who became one of the closest of his many friends.

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Answer 2

$\mathbb{ANSWER}$

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Adam Smith is the father of economics

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Adam Smith gave the defination of economics. He wrote a book "An Enquiry into the nature and causes wealth of the nation" in 1776 he defined economics as a science of wealth. That means economics studies production and consumption of wealth.

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He laid much emphasis on wealth whiccontained in the very little of the book. The great object of the political economy of every country. He therefore, thought economics as an "enquiry into the nature and causes wealth of the nations".

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