Q. The famous “Wealth of Nations” book was written by?

[A] Adam Smith

[B] David Ricardo

[C] J. M. Keynes

[D] B. R. Ambedkar

Answer: A

Explanation: The capitalistic form of economy has its origin in the famous work of Adam Smith—Wealth of Nations (1776).

Adam Smith (1723–1790), the Scottish philosopher-economist professor at the University of Glasgow, whose writings formed the basis of classical economics, had stressed certain fine ideas which were to take fancy among some of the western countries and finally capitalism took birth.

Source: Ramesh Singh