Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Macro Economics: Introduction

Question:

Which of the following is regarded as the first major comprehensive book on the subject of modern economics?

Options:

The Great Transformation: The Political and Economic Origins of Our Time

An Enquiry into the Nature and Cause of the Wealth of Nations

Capitalism, Socialism, and Democracy

The Theory of the Leisure Class

Correct Answer:

An Enquiry into the Nature and Cause of the Wealth of Nations

Explanation:

The correct answer is Option2: An Enquiry into the Nature and Cause of the Wealth of Nations

Well-known work of Adam Smith - An Enquiry into the Nature and Cause of the Wealth of Nations (1776) is regarded as the first major comprehensive book on the subject.