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  • 23-12-2020
  • Business
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what are the criticism of adam smith defination of economics?​

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amirthaa
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  • 23-12-2020

Answer:

Criticism of Smith's Definition

The wealth-centric definition of economics limited its scope as a subject and was seen as narrow and inaccurate. Smith's definition forced the subject to ignore all non-wealth aspects of human existence.

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