Click below to view inside this title:

Economics and Economic Systems

$23.07

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.

Series: Economics: Taking the Mystery Out of Money

Interest Level: Grades 7-12

Reading Level: Grade 8

ISBN: 9781615308965 (E-book)

Copyright: ©2013

Pages: 144

“Although humans have traded goods and services since the beginning of time, the study of economics-how wealth is produced and distributed-is relatively recent. This overview offers a scope and history and discusses the strengths and weaknesses of various economic systems. Diagrams, sidebars, and back matter make this a worthy introduction.” — Kay Weisman, School Library Monthly

*E-book price, single use is for online use only for one user (North America only).

Britannica’s e-books are available for purchase from most e-book platform providers, including Overdrive, Follett, Gale, Mackin, ProQuest, and EBSCO. To purchase single or unlimited use of this title for your school or library, please contact the provider of the e-book platform you are using, or contact Britannica at 800-621-3900/e-mail: contact@eb.com.