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
Which example best fits the ideas behind the new south movement in Georgia
ehidna [41]

Answer:

The southern states at first were comprised of a union who had the same cause to have more power for each state and did not wanted the abolishment of slavery,as it would not benefit the people of south.

  • So, then there were civil rights movement for the basic rights cause and after that war came which was also to suppress the opposition forces in the Southern states inside the US.
  • So, there can be a number of examples of the law and order situations which the different nations faced, as there is the ongoing war in Syria. There are some opposition forces who are against the President of Syria Bash-rul-Asad, who they recognize as traitor to there own countrymen and a tyrant, which is not confirmed but its all according to the rebels and other oppositions inside the country. As the foreign forces have now invaded the region and holds a strong power in order to suppress the rebels and other opposition parties inside the region.

5 0
3 years ago
The supreme court defends a person’s right to use obscene and profane speech. true or false?
erastova [34]

Answer: The answer is (True)

Explanation:

5 0
3 years ago
Read 2 more answers
The virginia company hoped to make money for
xeze [42]

establish a permanent colony in America that would make a profit for the Company.

5 0
3 years ago
What are the advantages and disadvantages of having the presidentchosen by the people rather than the legislature?​
quester [9]

Answer:

If/when chosen by the people you get a more appealing outcome.

Because... The determining factors are YOUR family, friends, and town-folk. It's the people you grew up with. So you all are aware of the same problems in your city/state and you are more than likely both thinking of the same solution. Where as, if chosen by a legislature, you have a bunch of well paid senators who may not see all the things normal people do since they work and live indoors and nowhere near the problems most of the time. They don't care for the middle to lower classes. Most just care about the rich and how to make themselves better and wealthier. It sucks to see, and even more to be living in this kind of world but it's just how it is.

8 0
3 years ago
Which event brought about the Panic of 1873?
Elena-2011 [213]
<span>C) several banks ran out of money


</span>
3 0
4 years ago
Read 2 more answers
Other questions:
  • Help asap
    13·2 answers
  • Answer Quick!!!! 20 points The four estates of France were the: (answer the "everyone else" category with two responses)
    6·2 answers
  • Hello Im new so if you saw this pls friend me
    14·2 answers
  • How did American businesses expand in the 1950'S​
    14·2 answers
  • How much were the soldiers in the continental army paid?
    12·1 answer
  • Jeremy Bentham believed that: questons
    7·2 answers
  • Viet cong victory here caused American withdrawal in 1975
    7·1 answer
  • "It is for us the living, rather, to be dedicated here to the unfinished work which they who fought here have thus far so nobly
    10·1 answer
  • Read the passage, and then answer the question that follows:
    9·1 answer
  • Why did this worker compare her life to the life of a
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!