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There are three attributes on wealth in economics. These may differ from what most people think of when they think of wealth. The attributes are marketability, scarcity, and utility.
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What are basic principles of economics?
What are the principles of economics
What is the interface with business in macro economics?
interface of economics to business
Who the saint of wealth?
There is no patron saint of wealth.
Explain nature and scope of business economics?
Explain the nature & scope of business economics.
Shareholders wealth is measured by the current?
how is wealth measured?
What the study of how wealth is created and distributed?
Economics
What is economics according to Adam Smith?
Economics is a science of wealth.
What is the definition of Adam smith about economics?
economics is the study of wealth
What does the study of economics include?
Economics is the study of wealth and its distribution.
Economics is a science of wealth which enquires into the nature and causes of wealth of nations who gave this definition of economics?
Adam smith
How was the mainstream of economics thought by Adam Smith?
Economics is a science of wealth.
How Economics is the science of wealth?
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What economics can help you in?
Economics can help you in many aspects.The definition of economics is - "An inquiry into the wealth of nations"-Adam Smith Therefore economics helps us to understand the wealth scenario of environments not necessarily restricted by size.
The study of how wealth is created and distributed is?
Economics.
What question would have the answer economics?
What is the study of production, consumption, and transfer of wealth? The answer would be economics.
Why is economics considered a social science?
Economics is the study of the mechanisms by which humans allocate resources. As such, it is a study of human behavior. Human behavior is not derived from physical laws (or, sometimes, even rational decisions), so it falls outside the realm of "hard" science.Economics is a social science because it is the study of the distribution of wealth, consumptive patterns, and means of production. Social stratification determine all of these attributes of economics, and thus economics is a social science.
Who said that the economics is science of wealth?
Adam Smith
