Economy, asked by aathim22, 4 months ago

define wealth given by adam sumith

Answers

Answered by unnatirana0014

0

Answer:

who is adam sumith

Explanation:

Answered by Anonymous

11

Adam Smith (1723 -90) defined economics as follows : 'Economics is the science of wealth'. He is the author of the famous book 'Wealth of Nations' (1776). In the ordinary language, by 'wealth', we mean money, but in economics, wealth refers to those goods which satisfy human wants.

Previous Question

Next Question

Similar questions

History, 2 months ago

What were the ideas of societies put to word by different philosopher?( Class-9).

History, 2 months ago

what is zodiac sign?

English, 2 months ago

Rewrite the following sentences according to the instructions given after each without changing their meaning. 1. I was not sure that you will attend the party. Begin: I was...

English, 4 months ago

How do we get rain ? give me Short answer...

Accountancy, 4 months ago

_____and_____are two by products of respiration...

Math, 10 months ago

5. What will be the sign of the product, if we multiply a. 15 negative integers and 7 positive integers? b. 24 negative integers and 3 positive integers?

Social Sciences, 10 months ago

why are features such as mountain, trees,forests,etc. Often are not shown on map ?

Chemistry, 10 months ago

Is fire a matter? Give statements in support of your answer.