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Title details for Economics and Economic Systems by Britannica Educational Publishing - Available

Economics and Economic Systems

by Britannica Educational Publishing
Brian Duignan
ebook
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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 explanation of the scope of economics, historical development, and the strengths and weaknesses of various economic systems is provided.

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subjects

Nonfiction Economics

Languages

English

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 explanation of the scope of economics, historical development, and the strengths and weaknesses of various economic systems is provided.

Expand title description text
Nonfiction Economics