Adam Smith, the father of modern economic theory, defined economics as a subject,which is mainly concerned with the study of nature and causes of generation of

Question:

Adam Smith, the father of modern economic theory, defined economics as a subject,which is mainly concerned with the study of nature and causes of generation of

A.

wealth

B.

welfare

C.

hipness

D.

scarcity

Answer» a. wealth

Note: The above multiple-choice question is for all general and Competitive Exams in India