Multiple choice general knowledge

Who is considered as the Father of Economics ?

  1. Samuel Haniman

  2. Robert Owen

  3. Karl Marx

  4. Adam Smith
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D Correct answer
Explanation

Adam Smith, a Scottish economist and philosopher, is widely regarded as the 'Father of Economics' for his seminal work 'The Wealth of Nations' (1776), which laid the foundation of modern economic theory. He introduced key concepts like the 'invisible hand' and division of labor. Karl Marx was a socialist economist, Robert Owen a social reformer, and Samuel Hahnemann the founder of homeopathy.

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