Question

As per Robbins definition, ends refer to the __________.

• A. social wants
• B. human wants
• C. political wants
• D. means available to human

Answer 1

The correct option is B human wants

Lionel Robbins was a British economist who proposed a very scientific definition on economics where he emphasized in an effective relationship between the ends and scarce means in the economy where he defined ends as the unlimited wants in the economy that arises due to alternative uses of the resources available in the economy.