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Give Adam Smith’s definition of economics. - Economic Applications

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प्रश्न

Give Adam Smith’s definition of economics.

व्याख्या
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उत्तर

According to Adam Smith, “Economics is a science of wealth.” This means that economics is primarily concerned with the study of wealth and material goods, focusing on economic activities related to the accumulation and use of wealth.

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पाठ 1: Meaning and Definition of Economics - QUESTIONS [पृष्ठ १५]

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जे. पी. गोयल आणि कौशल गोयल Economic Applications [English] Class 9 ICSE
पाठ 1 Meaning and Definition of Economics
QUESTIONS | Q 4. | पृष्ठ १५
जे. पी. गोयल आणि कौशल गोयल Economics [English] Class 9 ICSE
पाठ 1 Introduction to Economics
QUESTIONS | Q 5. | पृष्ठ १३
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