Question

As per the old economists, economics means _________

• A. Business management
• B. Society management
• C. House Management
• D. Human Management

Answer 1

Answer: (C)

House Management

A household is made up of a man and his property. Next, agriculture is the most natural form of good use for this property. The man should then find a wife. Children should come next because they will be able to take care of the household as the man grows old. These are called the subject matter of economics; therefore as per old economist economics means house mangment.