Father of economics

This is what People will Follow unknowingly if there are no governments involve

This involves the "free market" it stated that in order to move we need minimal government

Wealth Is fixed and finite

This is the year when " Wealth of the Nation " written

Basic problem arising from unlimited wants of people

State in the market where supply and demand balance each other

Willingness of a customer to buy a product at certain prices over a certain period

Inverse Relationship between price and quantity demand

The higher the price of a product, the lower the quantity of people can buy the product

increase in demand due to changes in factors

The ability to decide that comes with a limited capacity

All of these are effects of "scarcity" except (1)

He coined the term "Psychoanalysis"

Treatment and therapy by investing the interaction of conscious and unconscious