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Who was the father of a command economy Adam smith or Karl marx?
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Who is the father of economic?
Father of Economics is Adam Smith
Who was the father of economic?
ADAM SMITH is generally regarded as the father of economics.
Economists associate Adam Smith with a?
Adam Smith is associated with a market economy.
Who is referred to as the father of economics?
John Maynard Keynes
Who was the first person to explain the market economy?
Adam Smith
Father of economist?
Adam Smith is considered as the father of the economy. He is known as the most influential thinker in the field of economics. In 1759, he published his first book entitled The Theory of Moral Sentiments.
Who is the father of economic?
Father of Economics is Adam Smith
When was Adam Smith Chair of Political Economy created?
Adam Smith Chair of Political Economy was created in 1892.
Who was the father of economic?
ADAM SMITH is generally regarded as the father of economics.
Economists associate Adam Smith with a?
Adam Smith is associated with a market economy.
Who is referred to as the father of economics?
John Maynard Keynes
Who was the first person to explain the market economy?
Adam Smith
Who was known as the father of the free market economy?
American economist Milton Friedman is known as the father of the free market principle.
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 is father of economic?
adam smith is the father of Economics.
Why did Adam Smith insist that a market economy would produce consumer goods more efficiently that a command economy?
To maximize profits, firms in market economies strive to efficiently supply and distribute what consumers want.
Which enlightenment thinker is considered the father of modern economics?
Adam Smith, and Thomas Malthus.
