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Adam Smith was a Scottish moral philosopher and a pioneer of political economy. One of the key figures of the Scottish Enlightenment, Smith is the author of The Theory of Moral Sentiments and An Inquiry into the Nature and Causes of the Wealth of Nations. The latter, usually abbreviated as The Wealth of Nations, is considered his magnum opus and the first modern work of economics. Adam Smith is widely cited as the father of modern economics
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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."
Who is referred to as the father of economics?
John Maynard Keynes
Adam Smith what is he most known for?
Adam smith...........
Who advocated the theory of laissez faire?
Adam Smith
Adam smith's law?
Adam Smith stated the law of supply and demand.
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."
Who is referred to as the father of economics?
John Maynard Keynes
What has the author Lilian Adam Smith written?
Lilian Adam Smith has written: 'George Adam Smith'
Adam Smith what is he most known for?
Adam smith...........
Where was Adam Smith born?
Adam Smith was born in Kirkcaldy, Scotland.
How old was Adam Smith when he died?
Adam Smith was 62 when he died
How tall is Adam C Smith?
Adam C Smith is 5' 9".
The free-market system of capitalism was defended in the book The Wealth of Nations by whom?
Adam Smith wrote the book called the wealth of nations
Adam smith's parents names are?
Adam Smith shared is father's name of Adam Smith and his mother's name was Margaret Douglas.
Adam Smith developed the theory of in 1776?
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.
Who advocated the theory of laissez faire?
Adam Smith
When did Adam smith die?
Janet Adam Smith died in 1999.
