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| Q. |
Who is called the Father of Economics? |
| A. | J.M. Keynes |
| B. | Malthus |
| C. | Ricardo |
| D. | Adam Smith |
| Answer» D. Adam Smith | |
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Explanation: Adam Smith is best known for two classic works: The Theory of Moral Sentiments (1759), and An Ingully into the Nature and Causes of the Wealth of Nations (1776). The latter, usually abbreviated as The Wealth of Nations, is considered his magnum opus and the first modern work of economics. Smith is cited as the father of modern economics and is still among the most influential thinkers in the field of economics today. |
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