Adam Smith Is Usually Regarded as the Founder of ________

question 37

Short Answer

Adam Smith is usually regarded as the founder of ________ economic thought and policy,which favors a limited role for the government in economic life.

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Definitions:

Discrimination Learning

A process by which an organism learns to respond differently to various stimuli, distinguishing between similar but distinct cues.

Excitatory Generalization Gradient

The tendency for the conditioned response to be elicited by stimuli that are similar to the conditioned stimulus.

Conditioned Stimulus

A previously neutral stimulus that, after being repeatedly paired with an unconditioned stimulus, begins to elicit a conditioned response on its own.

Conditioned Response

The learned reaction to a previously neutral stimulus that becomes conditioned through association with an unconditioned stimulus.