Minimal government involvement in the economy
Adam Smith is called the father of Economics becasue he was one of the first people during his time to theorize economic theory
Capitalism
Classical capitalism is defined by the book "The Wealth Of Nations" by Adam Smith.
Adam Smith developed the theory of classical capitalism.
adam smith
capitalism was expressed in Adam Smith's Wealth of Nations (1776)
Adam Smith wrote the book called the wealth of nations
Adam Smith is called the father of Economics becasue he was one of the first people during his time to theorize economic theory
Capitalism
Classical capitalism is defined by the book "The Wealth Of Nations" by Adam Smith.
Adam Smith is called the father of capitalism because of his influential work "The Wealth of Nations," published in 1776. In this book, Smith laid out the principles of free market economics and argued for minimal government intervention, individual self-interest driving economic growth, and the importance of competition in fostering economic development. His ideas have been foundational to the development of capitalist economic theory.
Adam Smith
Adam Smith
Adam Smith developed the theory of classical capitalism.
adam smith
Classical Capitalism
Adam Smith