Economy, asked by tamukusum97gmailcom, 5 months ago

Explain the Marshall's definition of economic or welfare definition of economic with criticisms

Answers

Answered by starwarrior45

0

Explanation:

Specifically, Marshall's view is that economics studies all the actions that people take in order to achieve economic welfare. ... In the words of Marshall, "man earns money to get material welfare." Others since Marshall have described his remark as the "welfare definition" of economics.

Answered by ItzCuteAngell

0

Answer:

Explanation:

Specifically, Marshall's view is that economics studies all the actions that people take in order to achieve economic welfare. ... In the words of Marshall, "man earns money to get material welfare." Others since Marshall have described his remark as the "welfare definition" of economics.

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