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Who has defined economics as “Science which deals with wealth”?
  • a)
    Adam Smith 
  • b)
    Canon 
  • c)
    J.B. Say 
  • d)
    A.C. Pigou
Correct answer is 'C'. Can you explain this answer?
Verified Answer
Who has defined economics as “Science which deals with wealth&rd...
Many classical economists defined economics in terms of wealth. J.B. Say is one of them. He said Economics is a " Science which deals with wealth".
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Who has defined economics as “Science which deals with wealth&rd...
There is no one singular person who has defined economics as it is a field of study that has evolved over time and has been shaped by numerous scholars and thinkers. Some of the most influential figures in the history of economics include Adam Smith, Karl Marx, John Maynard Keynes, Milton Friedman, and Amartya Sen, among many others. Each of these individuals has contributed important ideas and theories to the field of economics, which has helped to shape our understanding of how markets and economies work.
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Who has defined economics as “Science which deals with wealth&rd...
But in module in one of the question the ans is Adam Smith. which is the most appropriate then?
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Who has defined economics as “Science which deals with wealth”?a)Adam Smithb)Canonc)J.B. Sayd)A.C. PigouCorrect answer is 'C'. Can you explain this answer?
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