Q. Who among the following is known as “founding father of economics”?
Answer: Adam Smith
Notes: Adam Smith is known as “founding father of economics”. Adam Smith, the founding father of modern economics, had suggested that if the buyers and sellers in each market take their decisions following only their own self-interest, economists will not need to think of the wealth and welfare of the country as a whole separately.

This question is part of 40000+ General Studies MCQ Series Course on GKToday Android app. Question Number: 88 in General Studies Mock Test - 46 in above course in App.