Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

General Knowledge

Topic

Economics

Question:

Who is the author of the book "Wealth of nations"?

Options:

John Maynard Keynes

Alfred Marshall

Adam Smith

None of the above

Correct Answer:

Adam Smith

Explanation:

Adam Smith is regarded as the founding father of modern economics (it was known as political economy at that time). He was a Scotsman and a professor at the University of Glasgow. Philosopher by training, his well-known work An Enquiry into the Nature and Cause of the Wealth of Nations (1776) is regarded as the first major comprehensive book on the subject.