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.

World Health Day is observed on April 7 every year to mark the anniversary of the founding of the World Health Organization (WHO).

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World Health Day is observed on April 7 every year to mark the anniversary of the founding of the World Health Organization (WHO).

Finland is known as the "Land of a Thousand Lakes". In fact, Finland has over 180,000 lakes, which is more than any other country relative to its size. More than 10% of Finland's total area is covered by water.

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Finland is known as the "Land of a Thousand Lakes". In fact, Finland has over 180,000 lakes, which is more than any other country relative to its size. More than 10% of Finland's total area is covered by water.

Japan

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Japan

The Rang Ghar, a unique amphitheater in Assam, was initially constructed during the reign of Ahom king Rudra Singha in 1696. Although it was later rebuilt by his successor, Pramatta Singha, Rudra Singha's original construction marks the beginning of this iconic structure.

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The Rang Ghar, a unique amphitheater in Assam, was initially constructed during the reign of Ahom king Rudra Singha in 1696. Although it was later rebuilt by his successor, Pramatta Singha, Rudra Singha's original construction marks the beginning of this iconic structure.

Digboi

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Digboi

The National Flag of India was designed by Pingali Venkayya in 1921. It was a tricolour Flag with Saffron, White, and Green, with the Ashok Chakra at the centre. The National Flag was adopted on 22nd July 1947.

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The National Flag of India was designed by Pingali Venkayya in 1921. It was a tricolour Flag with Saffron, White, and Green, with the Ashok Chakra at the centre. The National Flag was adopted on 22nd July 1947.

Motilal Nehru and Chittaranjan Das The Swaraj Party was established on 1 January 1923 by Motilal Nehru and Chittaranjan Das in order to provide political freedom to the people of India from British colonialism and sought greater self-government.

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Motilal Nehru and Chittaranjan Das The Swaraj Party was established on 1 January 1923 by Motilal Nehru and Chittaranjan Das in order to provide political freedom to the people of India from British colonialism and sought greater self-government.

Sudangphaa was an Ahom king whose father was Tyao Khamti. He succeeded his father to the throne and played a significant role in the history of the Ahom kingdom.

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Sudangphaa was an Ahom king whose father was Tyao Khamti. He succeeded his father to the throne and played a significant role in the history of the Ahom kingdom.

Samuel Morse, an American painter, philanthropist, and inventor, developed Morse Code in 1835. Morse Code is a set of sounds that correspond to letters of the alphabet. In 1838, Morse and his friend Alfred Vail developed the system of dots and dashes that became known as Morse Code. Morse Code assigns letters and numbers a set of dots and dashes based on their frequency of use. The first telegraph message was sent on May 24, 1844 from Washington, DC to Baltimore. The message was "What hath God wrought!".

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Samuel Morse, an American painter, philanthropist, and inventor, developed Morse Code in 1835. Morse Code is a set of sounds that correspond to letters of the alphabet. In 1838, Morse and his friend Alfred Vail developed the system of dots and dashes that became known as Morse Code. Morse Code assigns letters and numbers a set of dots and dashes based on their frequency of use. The first telegraph message was sent on May 24, 1844 from Washington, DC to Baltimore. The message was "What hath God wrought!".

Amartya Sen is the only Indian economist to win the Nobel Memorial Prize in Economic Sciences, which he received in 1998. Sen is known for his work on welfare economics, social choice theory, and development economics. He is also known for his interest in the problems of society's poorest members and his work on the causes of famine.

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Amartya Sen is the only Indian economist to win the Nobel Memorial Prize in Economic Sciences, which he received in 1998. Sen is known for his work on welfare economics, social choice theory, and development economics. He is also known for his interest in the problems of society's poorest members and his work on the causes of famine.