Economy, asked by Rakshita1Sharda, 6 months ago

How is science of welfare defined by Alfred Marshall ?

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Answered by Anonymous

3

Answer:

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. This definition enlarged the scope of economic science by emphasizing the study of wealth and humanity together, rather than wealth alone.

Explanation:

Answered by jyotijyoti99581

0

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. This definition enlarged the scope of economic science by emphasizing the study of wealth and humanity together, rather than wealth alone.

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