Adam Smith's Wealth of Nations and Academic Career

ObservantTropicalIsland avatar
ObservantTropicalIsland
·
·
Download

Start Quiz

Study Flashcards

10 Questions

Adam Smith focused on moral ______

philosophy

Wealth according to Physiocracy School of Economics is the development of ______

land

According to Adam Smith, minimal ______ is best

government

Adam Smith's book, An Inquiry into the Nature and Causes of the Wealth of ______

Nations

Free competition makes production and exchange most advantageous for ______

everyone

According to Adam Smith, each person moves based on their own selfish ______

interest

Adam Smith believed in the concept of the invisible ______

hand

Division of Labor increases efficiency of ______

labor

Adam Smith's focus was on free trade and market ______

competition

David Ricardo worked for the stock exchange as a ______

stockbroker

Test your knowledge on Adam Smith's academic career and his influential work, Wealth of Nations, which discusses the interdependence of economic phenomena and the benefits of free competition.

Make Your Own Quizzes and Flashcards

Convert your notes into interactive study material.

Get started for free
Use Quizgecko on...
Browser
Browser