#1
Which economic principle suggests that individuals make decisions based on maximizing their own self-interest?
#2
Who is known as the father of modern economics?
#3
Who authored the book 'The Wealth of Nations'?
#4
What economic principle suggests that as the price of a good decreases, the quantity demanded increases?
#5
According to classical economics, what is the role of government in the economy?
#6
Which economic philosophy advocates for the redistribution of wealth to achieve social equality?
#7
What is the central idea behind Keynesian economics?
#8
Who coined the term 'invisible hand' to describe the self-regulating nature of markets?
#9
According to the theory of rational choice, what do individuals aim to maximize?
#10
Who proposed the theory of comparative advantage in international trade?
#11
What economic principle suggests that the best outcome is achieved when each individual in society pursues their own self-interest?
#12
Which economist is associated with the concept of 'creative destruction'?
#13
What is the primary goal of neoliberalism?
#14