Question

Who were supporters of Adam smiths defination of economy

Answer 1

Adam Smith's Definition of Economics

Adam Smith was a Scottish philosopher, widely considered as the first modern economist. Smith defined economics as “an inquiry into the nature and causes of the wealth of nations.”Adam Smith, an 18th-century philosopher and economist, advocated for a free market system of economics.Adam Smith was an 18th-century Scottish economist, philosopher, and author, and is considered the father of modern economics. Smith is most famous for his 1776 book, "The Wealth of Nations.