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Question

Who has defined economics as "science which deals with wealth"?

A
J.B. Say
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B
Adam Smith
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C
Canon
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D
A.C. Pigou
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Solution

The correct option is A Adam Smith
Adam Smith (1723 – 1790) referred to the subject as the ‘Science which deals with wealth’. Adam Smith, in his work, states that the main objective of any human activity is to attain wealth.

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