Q. No. 1 Explain Marshall's definition of economics
what are its weaknesses?

Many have agreed with Alfred Marshall, a leading 19th-century English economist, that economics is “a study of mankind in the ordinary business of life; it examines that part of individual and social action which is most closely connected with the attainment, and with the use of the material requisites…Jul 22, 2020

Explanation:

that is not the answer but will help you towards the answer

. political or economical policy that isolates a country from participating in international relationships. it has been suggested that the united states participates in isolationism because of its lack of involvement in particular wars or alliances.

social contract theory, nearly as old as philosophy itself, is the view that persons' moral and/or political obligations are dependent upon a contract or agreement among them to form the society in which they liv