Who is known as the father of Economics? [#919]

Adam Smith is considered the father of modern economics. The 18th-century Scottish economist, philosopher, and author is credited with giving economics a well-defined shape as a new discipline. Smith is known for arguing against mercantilism and being a major proponent of laissez-faire economic policies. He believed that the government should not interfere with the economy, and that free-market issues would fix themselves. Smith also believed that individual decisions, driven by self-interest, collectively guide the market to optimal equilibrium.

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Adam Smith is considered the father of modern economics. The 18th-century Scottish economist, philosopher, and author is credited with giving economics a well-defined shape as a new discipline. Smith is known for arguing against mercantilism and being a major proponent of laissez-faire economic policies. He believed that the government should not interfere with the economy, and that free-market issues would fix themselves. Smith also believed that individual decisions, driven by self-interest, collectively guide the market to optimal equilibrium.

Sardar Vallabhbhai Patel is known as the father of All India Services. He was a key figure in the constituent assembly and was instrumental in the creation of the All India Services. He described the All India Services as the country's "Steel Frame".

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Sardar Vallabhbhai Patel is known as the father of All India Services. He was a key figure in the constituent assembly and was instrumental in the creation of the All India Services. He described the All India Services as the country's "Steel Frame".

Inflation refers to a sustained increase in the general price level of goods and services in an economy over time. This means that, on average, things cost more today than they did in the past. Stagflation is an economic situation where there is high inflation, slow economic growth, and high unemployment. Deflation is a general decline in prices for goods and services, typically associated with a contraction in the supply of money and credit in the economy. Hyperinflation is a rapid and extreme increase in the price of goods and services, which causes the value of a local currency to quickly erode.

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Inflation refers to a sustained increase in the general price level of goods and services in an economy over time. This means that, on average, things cost more today than they did in the past. Stagflation is an economic situation where there is high inflation, slow economic growth, and high unemployment. Deflation is a general decline in prices for goods and services, typically associated with a contraction in the supply of money and credit in the economy. Hyperinflation is a rapid and extreme increase in the price of goods and services, which causes the value of a local currency to quickly erode.

Substitute Word: pioneer. A pioneer is someone who is among the first people to explore or settle a new country or area.

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Substitute Word: pioneer. A pioneer is someone who is among the first people to explore or settle a new country or area.

Ignited Minds is a book by Dr. APJ Abdul Kalam, the former President of India and also known as the Missile Man of India for his work in development of missiles and launch vehicles. In this book Dr. Kalam talks about his dream of developed India.

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Ignited Minds is a book by Dr. APJ Abdul Kalam, the former President of India and also known as the Missile Man of India for his work in development of missiles and launch vehicles. In this book Dr. Kalam talks about his dream of developed India.

Brahmaputra

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Brahmaputra

The traditional Assamese script is called the Assamese script or Asamiya Lipi. It evolved from the eastern Nagari script and is used to write the Assamese language. While it shares some similarities with the Bengali script, it is a distinct script with its own unique characters and features.

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The traditional Assamese script is called the Assamese script or Asamiya Lipi. It evolved from the eastern Nagari script and is used to write the Assamese language. While it shares some similarities with the Bengali script, it is a distinct script with its own unique characters and features.

Prince Azam Tara

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Prince Azam Tara

Will be

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Will be

Umananda Island is the smallest inhabited river islet in the middle of river Brahmaputra, flowing through the city of Guwahati in Assam, a state in northeast India.
A British officer named the island Peacock Island for its structure, which he thought resembled the splayed feathers of a peacock. It is also known as Bhasmachal, from the words bhasma, meaning 'to destroy', and chal, meaning 'place'.

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Umananda Island is the smallest inhabited river islet in the middle of river Brahmaputra, flowing through the city of Guwahati in Assam, a state in northeast India.
A British officer named the island Peacock Island for its structure, which he thought resembled the splayed feathers of a peacock. It is also known as Bhasmachal, from the words bhasma, meaning 'to destroy', and chal, meaning 'place'.

Dr. M. S. Swaminathan is known as the "Father of the Green Revolution in India". Swaminathan was an agronomist, agricultural scientist, and geneticist. He is considered the main architect of India's Green Revolution, a program that popularized high-yield varieties of rice and wheat. Swaminathan's contributions were recognized globally when he received the first World Food Prize in 1987. Swaminathan passed away in September 2023 at the age of 98.

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Dr. M. S. Swaminathan is known as the "Father of the Green Revolution in India". Swaminathan was an agronomist, agricultural scientist, and geneticist. He is considered the main architect of India's Green Revolution, a program that popularized high-yield varieties of rice and wheat. Swaminathan's contributions were recognized globally when he received the first World Food Prize in 1987. Swaminathan passed away in September 2023 at the age of 98.