186k views
3 votes
Adam smith's explanations of national economic living standards became known as the ___________ theory.

User TvCa
by
7.8k points

1 Answer

0 votes

Adam Smith’s explanations of national economic living standard became known as the theory called classical theory. This theory focuses more on a self regulating economy in which the economy has the capability of achieving its natural level in regards with the economy and its resource.

User Brownmamba
by
8.0k points

Related questions