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Essay

Three Prospects of Economy

Essay specific features

 

Issue:

Business

 

Written by:

Ed N

 

Date added:

January 29, 2013

 

Level:

University

 

Grade:

A

 

No of pages / words:

8 / 2190

 

Was viewed:

8646 times

 

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Essay content:

The concept of economic liberalism or market liberalism underpinned the move towards a free market capitalist economic system in the late 18th century, and the subsequent demise of the mercantilist system. Today, the liberal theory of economics is strongly associated with some schools of conservatism, particularly liberal conservatism...
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The early theory was based on the assumption that the economic actions of individuals are largely based on self-interest, and that allowing them to do so without any restrictions will produce the best results, provided that at least minimum standards of public information and justice exist, e.g., no-one should be allowed to coerce or steal...
displayed 300 characters

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