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