Economy, asked by ansarik6119, 1 day ago

define economics from perspective of wealth, welfare, scarcity, and growth.

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Answered by champvictor1

Answer:

Alfred Marshall has defined economics as the study of human behavior in the normal business of life. Hence, economics is a study that blends in wealth with the wellbeing of people. ... This study describes all those activities which can ensure the material welfare of men.

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