ECONOMICS
TECHNOLOGY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Who was Adam Smith?
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He was a philosopher who promoted the idea of free enterprise.
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He was an economist who spoke against the market economy.
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He was an official who ran an important government agency.
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He was a producer who operated a factory in Scotland.
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Explanation:
Detailed explanation-1: -Adam Smith was a philosopher and economic theorist born in Scotland in 1723. He’s known primarily for his groundbreaking 1776 book on economics called An Inquiry into the Nature and Causes of the Wealth of Nations. Smith introduced the concept that free trade would benefit individuals and society as a whole.
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