Economy, asked by jayap8317, 6 months ago

why was Adam Smith called the father of economics?

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Answered by AKT12345

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Adam Smith was an 18th-century Scottish economist, philosopher, and author, and is considered the father of modern economics. ... Smith's ideas–the importance of free markets, assembly-line production methods, and gross domestic product (GDP)–formed the basis for theories of classical economics.

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Answered by vickykeshri37

0

Answer:

why was Adam Smith called the father of economics?

Explanation:

Early Life Of Adam Smith

Adam Smith was an 18th-century Scottish economist, philosopher, and author, and is considered the father of modern economics. ... Smith's ideas–the importance of free markets, assembly-line production methods, and gross domestic product (GDP)–formed the basis for theories of classical economics.

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