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Adam Smith developed the theory of classical capitalism.
In 1776, Adam Smith published his work: An Inquiry into the Nature and Causes of the Wealth of Nations. His Theory of Moral Sentiments was published in 1759.
Adam Smith A+ Answered By Pimp Daddy SBON
Capitalism
Adam Smith presented his theories in a book entitled "The Wealth Of Nations" which is among the most important books of economic theory ever written - possibly even the most important.
capitalism was expressed in Adam Smith's Wealth of Nations (1776)
Adam Smith is called the father of Economics becasue he was one of the first people during his time to theorize economic theory
Adam Smith published "The Wealth of Nations" in 1776. It described a system that we would think of as "capitalism".
== == Capitalism has, and has had, many supporters and had no founder because it developed gradually and naturally as the feudal arrangements of the Middle Ages gave way. You may be thinking though of Adam Smith whose book, "The Wealth of Nations", published in 1776, gave the first and most important analysis of the principles on which it is based. Economists still study it to this day.
Adam Smith
Adam Smith
Classical capitalism is defined by the book "The Wealth Of Nations" by Adam Smith.