Economics and Economic Systems - Encyclopedia Britannica

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Economics and Economic Systems

Format : eBook




Book Description

Although individuals and countries, for centuries, have exchanged goods and services for money, the formal field of economics—the study of wealth and how it is produced and distributed—is relatively young. Since Adam Smith’s pioneering work in the 18th century, economics has developed a great deal, and with it, so has our understanding of market systems, such as capitalism and centrally planned systems. A detailed explation of the scope of economics, historical development, and the strengths and weaknesses of various economic systems is provided.

(2013). Economics and Economic Systems. Retrieved from

Economics and Economic Systems. 2013. EPUB.

Economics and Economic Systems. 2013. EPUB.

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