Quote by: Alfred Marshall

It is common to distinguish necessaries, comforts, and luxuries; the first class including all things required to meet wants which must be satisfied, while the latter consist of things that meet wants of a less urgent character.


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Author Bio


  • NameAlfred Marshall
  • DescriptionBritish economist
  • BornJuly 26, 1842
  • DiedJuly 13, 1924
  • CountryUnited Kingdom
  • ProfessionEconomist; Philosopher
  • AwardsAdam Smith Prize