Who is known as the "Fountainhead of contemporary economic thought."?
Answer & explanation
Correct answer: option 1
The correct answer is Option 1: Adam Smith
NCERT: Adam Smith is known as the fountainhead of contem porary economic thought. Smith’s reputation rests on his five-book series ‘The Wealth of Nations’ which explained how rational self-interest in a free-market economy leads to economic well being.