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.

Dada Bhai Naoraji

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Dada Bhai Naoraji

Lord Ripon

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Lord Ripon

Bordoisila in Assam, is a severe pre-monsoon thunderstorm that occurs in the eastern parts of India, including Assam. It is characterized by strong winds, heavy rainfall, and sometimes hailstorms.

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Bordoisila in Assam, is a severe pre-monsoon thunderstorm that occurs in the eastern parts of India, including Assam. It is characterized by strong winds, heavy rainfall, and sometimes hailstorms.

Adam Smith

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Adam Smith

Arundhati Roy made history as the first Indian woman to be awarded the Man Booker Prize. She received this esteemed literary award in 1997 for her powerful and acclaimed debut novel, "The God of Small Things." Her work brought significant international recognition to Indian English literature.

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Arundhati Roy made history as the first Indian woman to be awarded the Man Booker Prize. She received this esteemed literary award in 1997 for her powerful and acclaimed debut novel, "The God of Small Things." Her work brought significant international recognition to Indian English literature.

The Reserve Bank of India (RBI) is the central bank of India. The RBI is responsible for maintaining monetary stability, managing the currency, and supervising the financial and payments systems. The RBI also regulates the country's currency and credit systems, and sets the overnight interbank lending rate.

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The Reserve Bank of India (RBI) is the central bank of India. The RBI is responsible for maintaining monetary stability, managing the currency, and supervising the financial and payments systems. The RBI also regulates the country's currency and credit systems, and sets the overnight interbank lending rate.

Substitute Word: credulous. Synonyms: Gullible

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Substitute Word: credulous. Synonyms: Gullible

Assam is known as the "Land of the Red River and Blue Hills" because of its unique topography Red River: The Brahmaputra River is known as the Red River because the soil in the catchment area in Tibet is rich in iron, which gives the river a red color. In June each year, the river turns blood red for three days, which is followed by the Ambubachi Mela celebration for the goddess Shakti. Blue Hills: The hills in Assam appear blue from a distance, forming a blue cloud.

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Assam is known as the "Land of the Red River and Blue Hills" because of its unique topography Red River: The Brahmaputra River is known as the Red River because the soil in the catchment area in Tibet is rich in iron, which gives the river a red color. In June each year, the river turns blood red for three days, which is followed by the Ambubachi Mela celebration for the goddess Shakti. Blue Hills: The hills in Assam appear blue from a distance, forming a blue cloud.

Substitute Word: indefatigable. Synonyms: Tireless.

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Substitute Word: indefatigable. Synonyms: Tireless.

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.