wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Who said, "Economics is the science of wealth"?

A
Robbins
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
J S Mill
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
Adam Smith
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
D
Keynes
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is C Adam Smith
Adam Smith known as the father of economics, thought and defined economics as science of wealth. In his book Wealth of Nation, explains wealth as goods and services which create value in exchange and economics is concerned with generation of wealth according to Smith.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Wealth of an Economy
ECONOMICS
Watch in App
Join BYJU'S Learning Program
CrossIcon