Question

Which of the following best explains why Adam Smith is considered the father of modern economics?(1 point) Responses Adam Smith discussed how government should only control economic activity in spirit in his book The Spirit of the Laws. Adam Smith discussed how government should only control economic activity in spirit in his book The Spirit of the Laws . Adam Smith discussed economic ideas in his book Philosophical Dictionary. Adam Smith discussed economic ideas in his book Philosophical Dictionary . Adam Smith discussed laissez-faire economics and division of labor in his book The Wealth of Nations. Adam Smith discussed laissez-faire economics and division of labor in his book The Wealth of Nations . Adam Smith discussed political authority and economics in his book Two Treatises of Government.

Answer 1

Adam Smith discussed laissez-faire economics and division of labor in his book The Wealth of Nations.