Adam Smith is
A) considered the founder of economics.
B) responsible for a branch of economics bearing his name.
C) responsible for refining the model of supply and demand.
D) the author of this text.

Question

Quizplus · Accepted Answer

Adam Smith is widely regarded as the father of modern economics, primarily due to his seminal work, "The Wealth of Nations," where he laid the foundations of classical free market economic theory.

Adam Smith Is