1
Question
_________ propounded the welfare definition of Economics.
_________ propounded the welfare definition of Economics.
Open in App
Solution
The correct option is A Alfred Marshall
Alfred Marshall propounded the welfare
definition of economics. He defined economics as the study of humankind in the
ordinary business of life. It focuses on that part of individual and social
practices that are related to achieving the various things that are required
for survival. According to him, one side of it is the study of wealth and the
other part if the study of man.
Alfred Marshall propounded the welfare definition of economics. He defined economics as the study of humankind in the ordinary business of life. It focuses on that part of individual and social practices that are related to achieving the various things that are required for survival. According to him, one side of it is the study of wealth and the other part if the study of man.
Suggest Corrections
0
Similar questions
View More
Join BYJU'S Learning Program
Explore more
Join BYJU'S Learning Program
