Question

definition of welfare and wealth definition​

Answer 1

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Concept of Wealth, Welfare and Investments. 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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Answer 2

Answer:

Concept of Wealth, Welfare and Investments. 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.