USA HISTORY

THE ROAD TO REVOLUTION 1700 1774

THE AMERICAN ENLIGHTENMENT INTELLECTUAL AND SOCIAL REVOLUTION

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Scottish economist who wrote The Wealth of Nations; argued that the free market should be allowed to regulate the economy with minimal government interference; manufacturing, trade, profits all linked to supply & demand
A
Diderot
B
Rousseau
C
Adam Smith
D
Voltaire
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.

Detailed explanation-2: -In 1776, Adam Smith published The Wealth of Nations, probably the most influential book on market economics ever written. Born in 1723, Adam Smith was the son of a customs official in Kirkcaldy, Scotland. At 14, he entered the University of Glasgow.

Detailed explanation-3: -Adam Smith was an 18th-century Scottish philosopher. He is considered the father of modern economics. Smith is most famous for his 1776 book, “The Wealth of Nations.” Smith’s writings were studied by 20th-century philosophers, writers, and economists.

Detailed explanation-4: -Adam Smith FRSA (baptized 16 June [O.S. 5 June] 1723 – 17 July 1790) was a Scottish economist and philosopher who was a pioneer in the thinking of political economy and key figure during the Scottish Enlightenment.

Detailed explanation-5: -Adam Smith introduced the concept in his 1759 book The Theory of Moral Sentiments and later in his 1776 book An Inquiry Into the Nature and Causes of the Wealth of Nations.

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