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According to economists Adam Smith who benefits from free trade?
politicians
Who benefits from free trade According to economists like Adam Smith?
politicians
Who said There should be no government regulations on trade?
Adam Smith
What is the most important purpose of production according to Adam Smith?
According to Adam Smith, "consumption is the sole end and purpose of all production."
What is economics according to Adam Smith?
Economics is a science of wealth.
According to Adam smith the market was directed by which of these?
an invisible hand
According to Adam Smith the market was directed by?
an invisible hand.
What would be the best according to Adam smith?
a free economy
According to Adam Smith what directs the choices business people make about how to use their resources?
According to Adam Smith what directs the choices business people make about how to use their resources by profit.
Adam Smith argued that free trade produced the wealth of nations through?
Adam Smith made the argument that free trade produced the wealth of nations through what he called the invisible hand. The invisible hand refers to the way the marketplace is self-regulating. Smith was a Scottish philosopher.
Adam Smith-Equity as a canon of taxation?
According to canon of Adam Smith poor should be taxed less and rich should be taxed more
Who is referred to as the father of economics?
John Maynard Keynes
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