Why adam smith is called father of economics - digitales.com.au

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why adam smith is called father of economics

Why adam smith is called father of economics Video

Adam Smith or Ibn Khaldun - The Father of Modern Economics?

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How did Adam Smith revolutionize fathwr He taught that a good or service is worth t How did Adam Smith revolutionize economics? He taught that a good or service is worth the value of the labor that went into it, neither more nor less. He espoused the notion that an economy is successful when it increases the value of the national treasury. He was the first to believe that the work of free laborers and entrepreneurs was more valuable than a feudal economy.

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Adam Smith: Can Capitalism Be Justified?

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