“Economics is the study of causes of material welfare” wa... — Answer & Explanation | PrepBeePakistan

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HomeMCQsAgriculture

MEDIUMENGLISHAgriculture

“Economics is the study of causes of material welfare” was defined by___________________?

Correct answer: B

Explanation

Alfred Marshall defined economics as a study of mankind in the ordinary business of life, focusing on material welfare.

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