The Economics of Adam Smith
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The Economics of Adam Smith

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@VisionaryDravite3855

Questions and Answers

Who is known as the father of classical economics?

Adam Smith

What is the 'invisible hand' theory associated with?

Adam Smith

What is considered the 'bible of economics'?

Wealth of Nations

Define 'unemployment' as per the text.

<p>Absence of job opportunities to those who are willing to do a job</p> Signup and view all the answers

According to Immanuel Wallerstein, how is capitalism defined?

<p>The endless accumulation of capital</p> Signup and view all the answers

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