Question

define economic thought​

Answer 1

Answer:

Prof. Schumpeter holds that “economic thought is the sum total of all the opinions and desires concerning economic subjects especially concerning with public policies of different times and places”. Schumpeter further says that the history of economic thought traces the historical change of attitudes.

Explanation:

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Answer 2

Answer:

economic thought is the sum of total of all the opinions and desires conerning economic subjects especially concerning with public policies of different times and places

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