1.

Give the definition of economics by Kautilya.

Answer»

The definition of economics by Kautilya is as follows- “Man’s behaviour or livelihood is called Artha. The name of the land possessed by man is Artha. The science that prescribes the measures to develop or nurture such land, is called economics.” Kautilya explains that this economics uses wealth in Dharma, Artha and Kaam and protects it.



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