In his book The Wealth of Nations,the economist Adam Smith was the first person to describe _____.
A)socialism
B)communism
C)capitalism
D)entrepreneurship

Name: In his book The Wealth of Nations,the economist Adam Smith was the first person to describe _____. A)socialism B)communism C)capitalism D)entrepreneurship
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Adam Smith is often referred to as the father of modern capitalism, as his book The Wealth of Nations laid out the principles of the free market economy and division of labor.

In His Book the Wealth of Nations,the Economist Adam Smith