Capitalism
ALS :)
capitalism
CapitalismALS :)
How property is created is a matter of debate in political philosophy and contract theory in economics. Generally, most economists assume that property is a matter of contract, by which property belongs to a party based on agreements between different economic actors.
Economists created a model of perfect competition to establish a benchmark for analyzing market behavior and efficiency. This idealized market structure features many buyers and sellers, homogeneous products, and free entry and exit, allowing for the examination of how resources are allocated efficiently. By comparing real-world markets to this model, economists can identify deviations from optimality, understand market failures, and evaluate the impacts of various policies. Ultimately, the model serves as a foundational tool for understanding economic principles and market dynamics.
computers are used in economics for calculating specific formulas through programs created to meet the needs of economists. They probably are also used to track industries and markets over seas.
capitalism
CapitalismALS :)
Political Union of Economists was created in 1994.
New Ideas From Dead Economists was created in 1989.
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Critical Music was created in 2002.
The Critical Review was created in 1756.
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Critical Bill was created in 2002.