Q.

Who is called the 'Father of Economics'?

A. Max Muller
B. Karl Marx
C. Adam Smith
D. Alfred Marshall
Answer» C. Adam Smith
Explanation: Adam Smith who laid the foundations of classical free market economic theory is known as the Father of Modern Economics. His magnum opus, An Inquiry into the Nature and Causes of the Wealth of Nations (1776),' is considered the first modern work of economics.
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