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There are four schools that have discussed economics.

Classical economists advocate for limiting taxes.

William Petty is NOT the author of 'The Wealth of Nations'.

1776 is the year economics was founded.

The mercantile school's main goal was focusing on precious metals.

Mercantilists believed that economic activity is the most important.

William Petty is the founder of the Mercantile School.

Mercantilists did NOT believe that agricultural activity is important.

François Quesnay is one of the most important thinkers of the Physiocratic School.

One of the most important features of the Physiocratic school is the belief that there is a nature that governs human behavior.

Physiocrats did NOT emphasize abandoning freedom and equality.

Physiocrats did NOT emphasize that the class of farmers is the dormant class.

Adam Smith is one of the prominent thinkers of the Classical School.

Physiocrats did NOT advocate for government intervention in the management of the economy.

John Maynard Keynes is one of the prominent thinkers of the Keynesian School.

One of John Maynard Keynes's most important ideas is the need for the government to adopt an economic policy.

Economics is the science of managing scarce resources.

Economics exists through exchange.

Economics is a branch of social science that explores the multiple uses of economic resources.

There is a relationship between economics and politics.