Adam Smith ( Classical Economics)

INSTRUCTIONS:

Write a 700 to 1,000 word paper using at least three outside sources in APA style format. The paper should include brief background on the economist, their school of thought, and their contributions to the field of economics.

Be sure throughout to use in-text citations, placing the following at the end of the sentence where you paraphrase a source:

(Author’s Last Name, Year of Publication, Page # if direct quote)

If it’s a general webpage:

(webpage title, web site) ex. (Adam Smith, Wikipedia)

Also include a reference section. WRITE ABOUT THE ECONOMIST WITTEN BELOW

Name: Adam Smith

Lifetime: June 16^th, 1723 – July 17^th, 1790

Nationality: Scottish

School of Thought: Classical Economics

Major Contributions / Notable Ideas: Modern free market, division of labour, the ‘invisible hand’

Major Works: The Theory of Moral Sentiments (1759) and An Inquiry into the Nature and Causes of the Wealth of Nations (1776) <Commonly abbreviated as Wealth of Nations>