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economic system
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Great Depression: breadline
Great Depression: breadline
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Category: Money
Key People:
Mikhail Gorbachev
Solon
Deng Xiaoping
Sergey Yulyevich, Count Witte
Zhao Ziyang
Related Topics:
socialism
communism
feudalism
capitalism
anarcho-capitalism
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economic system, any of the ways in which humankind has arranged for its material provisioning. One would think that there would be a great variety of such systems, corresponding to the many cultural arrangements that have characterized human society. Surprisingly, that is not the case. Although a wide range of institutions and social customs have been associated with the economic activities of society, only a very small number of basic modes of provisioning can be discovered beneath this variety. Indeed, history has produced but three such kinds of economic systems: those based on the principle of tradition, those centrally planned ...(100 of 10243 words)

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