| # | Concept | Culture | Statement | Freq. |
|---|---|---|---|---|
| 1 | adam smith | Western countries | Adam Smith is considered the father of modern economics and a crucial figure in the development of capitalism in Western countries. | 4 |
| 2 | adam smith | United Kingdom | Adam Smith, from the United Kingdom, is regarded as the founder of modern economics and wrote 'The Wealth of Nations'. | 3 |