Who was known as the "Father of Economics," whose ideas of free markets inspired classical economic thinkers? John Keynes Milton

Question

kvasek [131]

2 years ago

13

Who was known as the "Father of Economics," whose ideas of free markets inspired classical economic thinkers? John Keynes Milton

Friedman Friedrich Hayek Adam Smith.

History

2 answers:

Tasya [4] · Answer 1 · 2022-10-21T01:00:14+03:00

Answer:

Adam Smith

Explanation:

"The field began with the observations of the earliest economists, such as Adam Smith, the Scottish philosopher popularly credited with being the father of economics—although scholars were making economic observations long before Smith authored The Wealth of Nations in 1776"\

hope this helps even 18 hours later.

Nata [24] · Answer 2 · 2022-10-20T23:47:36+03:00

Adam Smith was known as the "Father of Economics". His ideas regarding the free markets inspired the economic thinkers.

<h3>Who was Adam Smith?</h3>

Adam Smith was a Scottish economist and philosopher who was known for his work An Inquiry into the Nature and Causes of the Wealth of Nations (1776).

He was known as the "Father of Economics" because he has given the theories on capitalism, free markets, and supply and demand.

Therefore the correct option is D.

Learn more about Adam Smith here:

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