Adam Smith in his book, The Wealth of Nations, developed a theory about:

Related MCQs

• Adam Smith begins with the Wealth of Nations with an example of a pin factory in order to
• Adam Smith begins with the Wealth of Nations with an example of a pin factory in order to
• According to Adam Smith , employers earned profits due to ----------used by them
• The Classical theory did not provide any coherent theory of ------
• The book Principles of Economics was published in the year
• Which two philosophers developed the principal concept of Marxism?
• Which of the following is NOT an economic theory of Ricardo's discussed in this article?
• For the classical economists, the quantity theory of money provided an explanation of movements in the price level. Movements in the price level result
• Ricardo Theory Of Rent is based on ------ reasoning
• The quantity theory of money is expressed by the identity equation