Give
the types
of wealth and explain
the cufference
between nationcel weath and
international
wealth
with examples
Answers
Answered by
2
Answer:
Explanation:
Alfred Marshall has defined economics as the study of human behavior in the normal business of life. It thus looks at the sources from where a person derives his income as well as the modes of investment. 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. Welfare meaning in this regard points out at happiness, security, comfort, and similar positive feelings of an individual or group.
Similar questions