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Who is regarded as the father of modern economics?
Question

Who is regarded as the father of modern economics?

A.

Amartya Sen


B.

John Maynard Keynes


C.

Adam Smith


D.

Manmohan Singh

Correct option is C

The correct answer is (C) Adam Smith.

Explanation:
Adam Smith is regarded as the father of modern economics for his book "The Wealth of Nations" (1776), which laid the foundation for free-market capitalism.

Information booster:

  • Adam Smith (1723–1790): Born in Kirkcaldy, Scotland.
  • "The Wealth of Nations" (1776): Introduced ideas of free markets and the invisible hand.

Incorrect options explanations:

  • Amartya Sen:Nobel laureate known for theCapability Approach, focusing on human development and social justice.
  • John Maynard Keynes:DevelopedKeynesian Economics, emphasizing government intervention to manage economic cycles.
  • Manmohan Singh:Former Prime Minister of India, not the father of modern economics.

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