With which economic system is Smith most associated?

A.

capitalism

B.

colonialism

C.

constitutionalism

D.

communism

Adam Smith is most associated with the economic system known as A. capitalism. He was a famous Scottish economist, who wrote in his work "The Wealth of Nations" his main ideas about capitalism and the ideal society which lives in such a system. He was quite celebrated during the era of Enlightenment when these ideas were popular.