BUSINESS ADMINISTRATION
BUSINESS ECONOMICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Who is the father of economics
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karl marx
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adam smith
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max muller
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samuelson
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Explanation:
Detailed explanation-1: -Adam Smith was an 18th-century philosopher renowned as the father of modern economics, and a major proponent of laissez-faire (non-interference from government) economic policies.
Detailed explanation-2: -Adam Smith is called the “father of economics” because of his theories on capitalism, free markets, and supply and demand.
Detailed explanation-3: -Complete answer: Adam Smith, who is considered the father of modern economics, was an 18th-century Scottish economist, philosopher, and author.
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