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Economics (Adam Smith)

In this article we will discuss Economics (Adam Smith)

  • ECONOMICS AS A SCIENCE OF WEALTH: ADAM SMITH
  • During the eighteenth and the early part of nineteenth century, Adam Smith, considered to be the founding father of modern Economics, along with economists like J.B. Say and Walker defined economics as the science of wealth. Adam Smith systematized the concept in the form the book which was entitled as, ‘‘An Enquiry into the Nature and Cause of the Wealth of Nations’’ published in 1776.

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