Who is recognized as the Father of Economics?

Multiple choice question for Basic of Economics. Select an option, then review the explanation below.

Explanation

Adam Smith is widely regarded as the Father of Economics due to his foundational work in the field. David Ricardo and others contributed to economic theory, but Smith's influence is paramount.

Practice related questions from the same subject.

1.Which of the following best describes deflation?
2.Under what condition can two nations benefit from engaging in international trade?
3.Which of the following represents a legitimate form of currency?
4.Which political ideology is best summarized by the phrase, "From each according to his ability, to each according to his needs"?
5.Which type of currency experiences a decline in its exchange rate due to a continuous balance of payments deficit?

Who is recognized as the Father of Economics?

Explanation

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