1) Who is Adam Smith and why is he important?

He is the father of capitalism

Explanation:

He is very impormant

Adam smith

Explanation:

Adam smith was a Scottish economist, philosopher, and author as well as a moral philosopher, a pioneer of political economy, and a key figure during the Scottish Enlightenment, also known as ''The Father of Economics''or ''The Father of Capitalism''. Adam Smith wrote two classic works, The Theory of Moral Sentiments (1759) and An Inquiry into the Nature and Causes of the Wealth of Nations (1776). The latter, often abbreviated as The Wealth of Nations, is considered his magnum opus and the first modern work of economics. In his work, Adam Smith introduced his theory of absolute advantage.

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the lake is the bhopal lake

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