Question

who will pioneer the economic of a country?​

Answer 1

Answer:

Adam Smith (1723-1790) was a Scottish social philosopher and pioneer of classical economics. He is best known for his work 'The Wealth of Nations' which laid down a framework for the basis of classical free-market economics. Smith is often referred to as the 'Father of Economics.

Answer 2

Answer:

Adam Smith (1723-1790) was a Scottish social philosopher and pioneer of classical economics. He is best known for his work ‘The Wealth of Nations‘ which laid down a framework for the basis of classical free-market economics. Smith is often referred to as the ‘Father of Economics.’ Smith’s work makes a strong case for free market economics, but he was also aware of situations where the free market could be against the public interest, for example, monopolies.