7. Who has defined economics as a science of material welfare ?

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asked Jan 5, 2021 109k views

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KrazyMax · Answer 1 · 2021-01-08T21:08:12+0000

Answer:

Thus Marshall incorporated in his definition that economics “examines that part of individual and social action which is most closely connected with attainment and with the use of the material requisites of well-being.” It is the phrase material requisites of well- being that stands for material welfare.

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7. Who has defined economics as a science of material welfare ?

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