Economics and economic systems
(2013)
Nonfiction
eBook
Details
PUBLISHED
[United States] : Britannica Digital Learning : Made available through hoopla, 2013
DESCRIPTION
1 online resource
ISBN/ISSN
9781615308965 (electronic bk.) MWT11664160, 1615308962 (electronic bk.) 11664160
LANGUAGE
English
NOTES
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
Mode of access: World Wide Web