This broadly-based book examines the development of the capitalistic system from antiquity to the modern welfare state and contemporary economic thought. It presupposes no mathematical or economics training and thus is accessible to general readers who wish to learn more about the economic system that plays such a significant role in their lives, while serving as a review for those serious students of the subject who wish to refresh their understanding. It is also a primary text for university centres for the study of free enterprise and for industry-oriented executive development programs, and acts as an ancillary text for college courses in business management, marketing, history, and political science.
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