Economy, asked by kritirai468, 2 months ago

why has adam smith been criticized for his definition pf economics​

Answers

Answered by Anonymous
1

Answer:

Criticism of Smith's Definition

The wealth-centric definition of economics limited its scope as a subject and was seen as narrow and inaccurate. ... It was assumed that human beings acted as rational economic agents who mindlessly strived to maximize their own well-being.

Answered by Mbappe007
0

Answer:

The wealth-centric definition of economics limited its scope as a subject and was seen as narrow and inaccurate. ... It was assumed that human beings acted as rational economic agents who mindlessly strived to maximize their own well-being.

Explanation:

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