Classical Economics
What is
Classical Economics
Classical economic theory (sometimes liberal economy) is based on a free market with minimum government interference or other regulations.
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Related terms and methods:
- Demand (in Economics)
- Economic Equilibrium
- Economic Theories
- Invisible hand
- Market
- Supply (in Economics)
Related discipline:
Related personalities:
- Adam Smith
- David Ricardo
- Jean Baptiste Say
- John Stuart Mill
- Thomas Robert Malthus
Last update: 30.07.2016
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