Asked by Tabitha Mooney on Jul 15, 2024
Verified
Classical economics was mainstream economics from about _______ to about ______.
Classical Economics
An economic theory advocating for minimal government intervention in the market, emphasizing free-markets and the idea that markets naturally tend towards equilibrium.
Mainstream Economics
The body of economic thought and analysis that is widely accepted and taught across major universities, focusing largely on microeconomics and macroeconomics theories.
- Recognize the specific eras throughout history where various economic ideologies prevailed.
Verified Answer
JS
Learning Objectives
- Recognize the specific eras throughout history where various economic ideologies prevailed.