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Adam Smith

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Q: Who described capitalism in his book The Wealth of Nations?
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What is classical capitalism?

Classical capitalism is defined by the book "The Wealth Of Nations" by Adam Smith.


What economic system was described in the book wealth of the nations?

impiralism


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


Why is Adam smith called the father of capitalism?

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.


What philosopher promoted the idea of capitalism in his book?

Adam Smith, a Scottish economist, provided the philosophy for capitalism. His most well-known work is The Wealth of Nations, published in 1776.


Who was Adam simth in the enlightenment?

Adam Smith's book "A Wealth of Nations" set the stage for the rise and spread of capitalism in the 20th century.


Who is a philosopher of capitalism?

Arguably, Adam Smith is a philosopher and economist who wrote the book Wealth of Nations that expounds on the earlier forms of Capitalism. John Stuart Mill is another philosopher who supported the free-market. W.V. Quine is not a philosopher of capitalism but he personally favored fiscal conservatism.


Who wrote the book called wealth of nations?

The Wealth of Nations was written by Adam Smith.


Adam Smith wrote the famous economics book called?

Wealth of Nations


What is the Wealth of Nations?

A book by Adam Smith.


What impacts did Adam Smith make to society?

Adam Smith created Capitalism, the very foundation for the US. Many other countries throughout the world use some form of Capitalism. Adam Smith designed and explained how all this works in his book The Wealth of Nations.


Who wrote the book the wealthy of nations?

Adam Smith was the author of "Wealth of Nations"