Economy, asked by retaranishil, 4 months ago

B. LONG ANSWER QUESTION
1. (a) Examine Adam Smith's wealth defintion of economics.
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Answers

Answered by fiction200512
1

Explanation:

According to adam smith every person who is doing a economical activity is earning a wealth which is very important for livelihood and growth of GDP

Answered by Anonymous
1

Answer:

“Economics is concerned with an enquiry into the nature and causes of wealth of nations, and it is related to the laws of production, exchange, distribution and consumption of wealth.” The central point of his definition is 'wealth.

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