Economy, asked by jaydeepkumarhaj8020, 1 day ago

any other newspaper Article and its evaluation on basis of economic principle.

Answers

Answered by prakashjadhavprakash
0

Answer:

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Answered by varshni52
0

Explanation:

ECONOMICS admit of being reduced to principles more than other sciences dealing with human actions, for the reason which Prof. Marshall has thus expressed: “Wide as are the interests of which the economist takes account when applying his doctrines to practice, the centre of his work is a body of systematic reasoning as to the quantities of measurable motives.” These measurable motives are not necessarily self-interested: “The range of economic measurement may gradually extend to much philanthropic action.” Even now the supply of labour and of capital is largely due to the motive of family affection. The uniformities of action resulting from such measurable motives may be regarded as the laws of motion in what Jevons called the mechanics of industry—a science which Prof.

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