1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
miss Akunina [59]
3 years ago
15

An influential economic thinker, known as "the father of modern economics,” was John Keynes. Milton Friedman. Friedrich Hayek. A

dam Smith.
History
2 answers:
Usimov [2.4K]3 years ago
7 0

Answer:

D: Adam Smith

Talja [164]3 years ago
5 0

The person who has been known up until today as the "father of modern economics" is Adam Smith. A thinker and philosopher from Scotland, born in 1723 and died in 1790, Adam Smith was given this important title because of his ideas and theories on laissez-fair and the tendency of free markets to regulate themselves by way of competition, supply, demand and self-interest. He wrote several books where he proposed his economic ideas, among which we have: The Theory of Moral Sentiments, where he expresses this ideal of a hidden hand, which means the capacity of markets to autoregulate and An Inquiry into the Nature and Causes of the Wealth of Nations. He was also the proponent of the theory of compensating wage differentials, which states that jobs that are riskier pay much better wages to workers because of the risk they represent, versus jobs that offer little to no risk. He is also known as the father of Capitalism.

You might be interested in
Who was the first african american to earn a doctorate from harvard
Neporo4naja [7]

Answer:

Du Bois was a doctoral student at Friedrich-Wilhelms-Universität, was the first African American to receive a Ph. D. from Harvard University (in 1895), and was awarded an honorary doctoral degree from Humboldt-Universität in 1958.

Explanation:

8 0
3 years ago
Read 2 more answers
After the French and Indian War, why did the British Parliament pass new<br> laws?
AVprozaik [17]

Answer:

Following the French and Indian War, Britain wanted to control expansion into the western territories.

Explanation:

The King issued the Proclamation of 1763 prohibiting settlements beyond the Appalachian Mountains. ... They decided to require several kinds of taxes from the colonists to help pay for the French and Indian War.

7 0
3 years ago
Read 2 more answers
After the Spanish American war many workers in Cuba
nikitadnepr [17]

Answer:

Resented American control of the Economy  ( A )

Explanation:

The Spanish American war was  between America and Spain in 1898  in Cuba. this war was part of Cuba's war of independence from the Spanish colonial masters. the United states of America joined the war when there was an internal explosion of the USS Maine in Havana harbor in Cuba territory. this explosion provoked the American Government and also coupled with the struggle for independence been made by the Cubans American decided to help them fight the Spanish.

This war will lead to America acquiring lands/territories in Latin America and western pacific. the ultimate result of the war was the end of the colonial rule by the Spanish in Cuba.

America took control of the Economy of Cuba after helping Cuba gain freedom from the Spanish colonial rule. the workers in Cuba resented this control bitterly.

4 0
3 years ago
A demand shift in the market that increases demand will __________ the equilibrium price.
vlabodo [156]
Answer is B. Increase
8 0
4 years ago
Read 2 more answers
If the value of a company goes down, then the value of each share of stock goes down. The opposite is also true. What do you thi
geniusboy [140]
The company losses items then become broke the no one will use it then it becomes dead then everyone gets fired
6 0
4 years ago
Other questions:
  • What formal agreement officially established a peace plan and outlined germany's future?
    10·2 answers
  • Who was the president of the united states during the time mccarthyism?
    9·1 answer
  • What are two primary means of oversight?
    5·1 answer
  • Islamic slave traders sent African slaves to _______ during the period from the 900s to the 1400s.
    11·2 answers
  • President Clinton believed both NAFTA and GATT would
    5·2 answers
  • What is the best conclusion that can be drawn from studying the map? St. Augustine is located north of the barrier islands. St.
    11·1 answer
  • Name the two most important components of the Columbian Exchange and why?
    14·2 answers
  • Slavery, States' Rights, and Sectionalism were the major causes of
    6·1 answer
  • B. What was Goethe Washington’s<br> concern about attachments to a section or geographic region?
    13·1 answer
  • Main way that business leaders helped the war effort during wwII
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!