Economy, asked by siddu5080, 11 months ago

The main body of economic theory is dash in character examveda

Answers

Answered by Anonymous
0

Explanation:

The main body of economic theory is dash in character

Marshall

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Answered by mindfulmaisel
0

Answer:

The main body of economic theory is scientific in character.

Explanation:

According to Marshall – Economics is a ‘Social Science’. Economics is a study of human welfare in regards to money.

On the other hand, Adam Smith regarded economics as a science of wealth. He believed that economics included the process of production, consumption, and accumulation of wealth.

According to ‘Lord Robbins Economics’ is a science which studies ‘human behavior’ in regards to limited resources and ‘scarce’ means which has different uses.

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