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Facts for Kids
Alfred Marshall was an influential English economist known for his important ideas about economics, especially in supply and demand.
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Economics
Did you know?
🌍 Alfred Marshall was born on July 26, 1842, in London, England.
📚 He wrote an important book called 'Principles of Economics' in 1890.
🎢 Marshall is famous for his ideas about supply and demand, which help explain how prices work.
🌟 He passed away on July 13, 1924, but his ideas are still important today.
🏫 Marshall studied at Cambridge University where he learned a lot about economics.
💡 His work helped people understand money and trade much better.
📝 Marshall believed that economies work like a see-saw, balancing supply and demand.
🔍 He is considered one of the most influential economists of his time.
📈 Many of the ideas he introduced are used by economists even now!
🌏 Marshall's work continues to teach valuable lessons about our world today.
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Overview
Alfred Marshall was a famous economist from England, born on July 26, 1842, in London. 🌍
He made important ideas about money, trade, and how things work in the economy. His book, "Principles of Economics," published in 1890, helped many people understand economics better. 📚
Marshall is known for the concept of supply and demand, which is like a see-saw for prices! 🎢
His ideas still shape how we think about money and trade today. He passed away on July 13, 1924, but his work continues to teach us important lessons about our world. 🌟
He made important ideas about money, trade, and how things work in the economy. His book, "Principles of Economics," published in 1890, helped many people understand economics better. 📚
Marshall is known for the concept of supply and demand, which is like a see-saw for prices! 🎢
His ideas still shape how we think about money and trade today. He passed away on July 13, 1924, but his work continues to teach us important lessons about our world. 🌟
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Early Life and Education
Alfred Marshall spent his childhood in a loving family. He was curious about
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