When was David Ricardo born?
17 April 1772
18 April 1772
19 April 1772
20 April 1772
Answer
Born on April 18, 1772, David Ricardo, an influential figure in classical economics, left a lasting impact on economic thought. Despite his lack of formal education, he rose to prominence as a stockbroker and economist. Ricardo's major contribution was his labor theory of value, which states that the value of a commodity is determined by the labor required to produce it.
The Ricardo Revolution: Mastering David Ricardo's Economic Legacy
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