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Wealth of an Economy

Who defined e...

Question

Who defined economics as 'science of wealth'?

A

Charles Davin

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B

J. B. Say

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C

J. S. Mill

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D

Adam Smith

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Solution

The correct option is D Adam Smith
Pioneers of economics defined it as science of wealth. Adam Smith, father of economics, named his famous book on economics as “An Enquiry into the Nature and Causes of the Wealth of Nations” from after defining economics as 'science of wealth.'

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