Question

Deffrent between Adam and Marshall

Answer 1

Alfred Marshall: He belongs to the group of neo-classical economists. He challenged Adam Smith's definition of economics and denied the wealth related definitions of Adam Smith. Thus according to According to Alfred Marshall “Economics is the study of people in the ordinary business of life”.

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Answer 2

Answer:

Alfred Marshall :He belongs to the group of neo-classical economists .He challenged Adam smith's definition of econmics and denied the wealth realated definations of Adam smith's .Thus according to Alfred Marshall "Economics is

the study of people in the ordinary business of life"