Economy, asked by vinod171, 5 months ago

Why is Marshall's definition of economics superior than Smith's definition?

Answers

Answered by mumtaz306

Answer:

British economist Alfred Marshall defined economics as the study of man in the ordinary business of life. Marshall argued that the subject was both the study of wealth and the study of mankind. He believed it was not a natural science such as physics or chemistry, but rather a social science.

Previous Question

Next Question

Similar questions

History, 2 months ago

What three words would you use to describe an America with purpose?

Math, 2 months ago

solve for x : 2x/3 - 3x/8 =7/12...

Math, 2 months ago

guys need help please...

English, 5 months ago

What is conversion of water...

English, 5 months ago

Are sala board 10 lamps at 2000 rupees how much should he charged by lamb to add a total profit of rupees 240...

Physics, 10 months ago

A rocket can go vertically upwards in earth's atmosphere because a) it is lighter than air b) of gravitational pull of the sun c) it has a fan which displaces more air per unit time than the weight of the rocket d) of the force exerted on the rocket by gases ejected by it ...

English, 10 months ago

my parents went to shillong. it is a beautiful hil-town.(join into complex sentence using adjective close)...

Geography, 10 months ago

Classify the following into two groups on the basis of bulk and weight of raw material and finished goods. (i) Oil (ii) Knitting needles (iii) Brassware (iv) Fuse wires (v) Watches (vi) Sewing Machines (vii) Shipbuilding (viii) Electric Bulbs (ix) Paint brushes (x) Automobiles...