Which of the following best explains why Adam Smith is considered the father of modern economics?(1 point)
Responses
1 Adam Smith discussed political authority and economics in his book Two Treatises of Government.
2 Adam Smith discussed laissez-faire economics and division of labor in his book The Wealth of Nations.
3 Adam Smith discussed how government should only control economic activity in spirit in his book The Spirit of the Laws.
4 Adam Smith discussed economic ideas in his book Philosophical Dictionary.