0
Adam Smith faced several obstacles throughout his life, including skepticism about his economic ideas, which were revolutionary at the time. His work, particularly "The Wealth of Nations," challenged established mercantilist views, leading to resistance from some economic and political elites. Additionally, as a scholar, he struggled with the balance between his academic pursuits and the need for financial stability, often relying on the support of patrons. Smith also dealt with the personal challenge of dealing with the death of his father at a young age, which influenced his worldview and work.
What else can I help you with?
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.
Who first talked about the invisible hand of the marketplace?
Adam Smith
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.
Who advocated the theory of laissez faire?
Adam Smith
When did Adam smith die?
Janet Adam Smith died in 1999.
Who wrote The Wealth of Nations?
An Inquiry into the Nature and Causes of the Wealth of Nations, better known by its shortened title The Wealth of Nations, was written by Adam Smith in 1776.
Adam smith's law?
Adam Smith stated the law of supply and demand.
