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Wealth of an Economy

Who defined e...

Question

Who defined economics as "Science which deals with wealth"?

A

Adam Smith.

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B

JB Say.

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C

Samuelson.

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D

Amritya Sen.

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Solution

The correct option is D Adam Smith.
Adam Smith, who is known as the father of economics, named his famous book on economics as An Enquiry into the Nature and Causes of the Wealth of Nations. He defines economics as the science of natural wealth.

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