Consumption is the purpose of production, according to which of the following individuals? Theodore Roosevelt Franklin D. Roosevelt Irving Fisher Adam Smith

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06-03-2015
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Consumption is the purpose of production, according to which of the following individuals? Theodore Roosevelt Franklin D. Roosevelt Irving Fisher Adam Smith

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HistoryGuy HistoryGuy · Answer 1 · 2015-03-07T12:39:32-05:00

HistoryGuy HistoryGuy

07-03-2015

It was Adam Smith who famously stated that "consumption is the purpose of production" in his revolutionary book, "The Wealth of Nations". This book outlines what Smith believes is the importance of a free-market economy.,

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