Asked by ritika sharma on Apr 30, 2024
Verified
The centerpiece of classical economics is ____.
Classical Economics
A school of economic thought, originating in the 18th and 19th centuries, that focuses on free markets and the idea that markets, if left unregulated, will naturally adjust to equilibrium over time.
- Describe the processes through which markets naturally adjust themselves according to the views of classical economic scholars.
Verified Answer
ZK
Learning Objectives
- Describe the processes through which markets naturally adjust themselves according to the views of classical economic scholars.
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