Economy, asked by mantidevvrma, 1 year ago

which iaspect of welfare does economics deal as the science of welfare?.​

Answers

Answered by AzzyLand
5

Hey dude,

Economics is a study of humankind. Human life has several aspects: social, religious, economic and political—but economics is concerned only with the economic aspect of life. Promotion of welfare is the ultimate goal, but the term welfare is used in a narrow sense to meet material welfare only.

@AzzyLand


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Answered by mohmmedsufiyanali19
3

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Economics is a study of humankind. Human life has several aspects: social, religious, economic and political—but economics is concerned only with the economic aspect of life. Promotion of welfare is the ultimate goal, but the term welfare is used in a narrow sense to meet material welfare only.

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