Question

2. Write the definition of economics given by Acharya Kautilya and write main features of eco-
nomic thinking of Kautilya.
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Answer 1

Answer:

The concept of wealth as held by Kautilya was very wide in its scope. To him, wealth included money, commodity, the acquired wealth, public or private property, precious metals, the accumulated wealth, negotiable and transferability and the power of appropriation.

He also included labour and forest produce in wealth. To him, “wealth is to be acquired grain by grain, as learning is to be acquired every moment.Acquisition of wealth is always beneficial if it is acquired for the sake of a good wife, a son or a friend, or for giving away charity”.

Answer 2

Answer:

this is your answer

Explanation:

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