Economics was known as the "Dismal Science" because:
A) too many people would result in food shortages and shortages of other resources.
B) it was a very complex area of study based on mathematics.
C) the world population was growing slower than expected in the 1700s, leading economists to call it a dismal period of time.
D) there were too many old people and not enough young people to care for them.

Question

Quizplus · Accepted Answer

Economics was known as the "Dismal Science" because early economists such as Thomas Malthus believed that population growth would eventually outpace resources, leading to food shortages and other problems. This bleak outlook earned the field its nickname.

Economics Was Known as the "Dismal Science" Because