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What were Adam smiths three natural laws of economics?

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Anonymous

 ∙ 8y ago
Updated: 10/26/2022
  1. Law of self-interest
  2. Law of competition
  3. Law of supply and demand
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Chanelle Morar

Lvl 10
∙ 3y ago

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Continue Learning about Economics

Who is the father of economic?

Father of Economics is Adam Smith

How did Adam Smith and other philosophers of industrialization view natural laws?

Adam Smith and other philosophers of industrialization viewed natural laws as the foundation for free trade and economy ("laissez faire economics").

Who was the father of economic?

ADAM SMITH is generally regarded as the father of economics.

What is economics according to Adam Smith?

Economics is a science of wealth.

What is the definition of Adam smith about economics?

economics is the study of wealth

Related Questions

What were Adam smiths three laws of economics?

Law of self-interestLaw of competitionLaw of supply and demand

Is Adam smiths god?

yes

Who is the father of economic?

Father of Economics is Adam Smith

How did Adam Smith and other philosophers of industrialization view natural laws?

Adam Smith and other philosophers of industrialization viewed natural laws as the foundation for free trade and economy ("laissez faire economics").

What was Adam Smiths view on monopolies?

he was a staunch opponent of it

Who was the father of economic?

ADAM SMITH is generally regarded as the father of economics.

What is economics according to Adam Smith?

Economics is a science of wealth.

What are the contributions of Adam Smith in economics?

because his the father of economics

What is the definition of Adam smith about economics?

economics is the study of wealth

What accurately describes Adam Smiths concept of the natural price?

The price of any item that is equal to the costs of producing it.

Who is called 'the father of Economics'?

Adam Smith is known as 'the father of Economics'.

How was the mainstream of economics thought by Adam Smith?

Economics is a science of wealth.

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