HISTORY
ABSOLUTISM AND REVOLUTION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Adam Smitty
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Adam Smith
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Adam Swanson
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None of the above
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Detailed explanation-1: -The Wealth of Nations was written by the eighteenth-century Scotsman Adam Smith, the “father of modern economics.” In addition to his importance as an economist, Adam Smith was an important figure in classical liberalism and in the Scottish Enlightenment.
Detailed explanation-2: -In 1776, Adam Smith published The Wealth of Nations, probably the most influential book on market economics ever written.
Detailed explanation-3: -In 1776, Adam Smith published the first edition of An Inquiry into the Nature and Causes of the Wealth of Nations. The work sought to explore, through historical and contemporary examples, what made or caused nations to be wealthy.
Detailed explanation-4: -The Wealth of Nations is a profoundly influential work in the study of economics and examines exactly how nations become wealthy. Adam Smith advocates that by allowing individuals to freely pursue their own self-interest in a free market, without government regulation, nations will prosper.