Adam Smith was an 18th-century Scottish economist, philosopher, and author, and is considered the father of modern economics. ... Smith's ideas–the importance of free markets, assembly-line production methods, and gross domestic product (GDP)–formed the basis for theories of classical economics.Feb 16, 2020
The U.S. began<span> neutral but was pulled into the ... When </span>war<span> broke out in 1914, the </span>United States<span> had a </span>policy<span> of neutrality</span>