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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 option 'C'. Can you explain this answer?
Verified Answer
Who has defined economics as “Science which deals with wealth&rd...
Adam Smith defined economics as the 'Science of Wealth'. Adam Smith, the father of economics, published his master piece in 1776 and according to him, the main objective of any human activity is the acquisition and attainment of wealth and economics deals with the acquisition, accumulation and expenditure of wealth.
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Who has defined economics as “Science which deals with wealth&rd...
adam smith
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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 option 'C'. Can you explain this answer?
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