Question

write 2 demerits of marshall's defination​

Answer 1

Answer:

• NARROW SCOPE :- According to this definition economics is concerned only with those activities which promote only material welfare and it has unnecessarily narrowed the scope of economics.
• NARROW SCOPE :- According to this definition economics is concerned only with those activities which promote only material welfare and it has unnecessarily narrowed the scope of economics.NON MATERIAL SERVICES IGNORED :- ...
• NARROW SCOPE :- According to this definition economics is concerned only with those activities which promote only material welfare and it has unnecessarily narrowed the scope of economics.NON MATERIAL SERVICES IGNORED :- ...NOT CLEAR :- ...
• NARROW SCOPE :- According to this definition economics is concerned only with those activities which promote only material welfare and it has unnecessarily narrowed the scope of economics.NON MATERIAL SERVICES IGNORED :- ...NOT CLEAR :- ...SOCIETY IS DISCUSSED ONLY :- ...
• NARROW SCOPE :- According to this definition economics is concerned only with those activities which promote only material welfare and it has unnecessarily narrowed the scope of economics.NON MATERIAL SERVICES IGNORED :- ...NOT CLEAR :- ...SOCIETY IS DISCUSSED ONLY :- ...CONCEPT OF WELFARE DIFFERS :-

Explanation:

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