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Which type of economy system is most closely associated with Adam Smith?
Capitalism
Economists associate Adam Smith with a?
Adam Smith is associated with a market economy.
Who is the father of economic?
Father of Economics is Adam Smith
What type of economic system did Adam smith provide?
Adam Smith was well into his beliefs that a free economy was the best economic system.
Who was the father of economic?
ADAM SMITH is generally regarded as the father of economics.
Which type of economy system is most closely associated with Adam Smith?
Capitalism
Economists associate Adam Smith with a?
Adam Smith is associated with a market economy.
Merits of Adam Smith definition?
merits of defination of economic given by adam smith
Who is the father of economic?
Father of Economics is Adam Smith
What type of economic system did Adam smith provide?
Adam Smith was well into his beliefs that a free economy was the best economic system.
Who was the father of economic?
ADAM SMITH is generally regarded as the father of economics.
Who was the the person most closely associated with the belief that a strong navy was key to becoming a world power?
Not 100% sure, but the answer may be Adam Smith who wrote "The Wealth of Nations."
Who is father of economic?
adam smith is the father of Economics.
Is Adam smith a socialism or capitalism?
Adam Smith is primarily associated with capitalism. He is best known for his seminal work, "The Wealth of Nations," in which he advocates for free markets, competition, and individual self-interest as drivers of economic prosperity. Smith's ideas laid the foundation for classical economics and the principles of capitalism, emphasizing limited government intervention in the economy. While he acknowledged the need for some regulation, his vision aligns more closely with capitalist ideals than socialism.
Do you think Adam Smith supported industrialization why or why not?
Adam Smith supported industrialization because he believed in a free economy, to guarantee economic progress.
What economic idea did the us adopt from Adam smith?
Laissez-faire
What economic system did Adam smith follow?
Free market Capitalism
