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Who is known as the father of modern economics? - Economic Applications

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प्रश्न

Who is known as the father of modern economics?

पर्याय

  • Adam Smith

  • J.M. Keynes

  • Alfred Marshal

  • Robbins

MCQ
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उत्तर

Adam Smith

Explanation:

The father of modern economics is Adam Smith. He is known as the father of economics because of his classical work “An inquiry into the Nature and Causes of the Wealth of Nations” published in 1776, which laid the foundations of modern economic theory. His definition views economics primarily as the study of wealth and its accumulation.

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पाठ 1: Meaning and Definition of Economics - QUESTIONS [पृष्ठ १३]

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