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Question

Which of these Economics did not consider Economics as Science of Wealth?

A
Adam Smith
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B
J B Say
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C
Alfred Marshall
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D
All the above
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Solution

The correct option is C Alfred Marshall
Alfred Marshall placed a greater emphasis on welfare rather than wealth, in his Principle of Economics" book published in 1890. Marshall defines economics as “a study of men as they live and move and think in the ordinary business of life.”

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