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Commerce · Q232

Economics

Graduate and Post Graduate · Commerce · question 232

Q232

He described economics as a science of material welfare

A.
Robbins
B.
Marshall
Answer
C.
Ricardo
D.
Keynes

Answer: Option B

Solution

Answer: Option B
Solution:
Marshall described economics as a science of material welfare. Marshall's view is that economics studies all the actions that people take in order to achieve economic welfare. In the words of Marshall, "man earns money to get material welfare."