Introduction to Sociology / Economy

Introduction to Sociology / Economy

Summary

The economy that has been in existence since ancient times. City-state and the surrounding Babylonian, developed the idea of economic very modern. Since the invention of cuneiform, direction to be used in economic activity has been greatly expanded. In the era of the Middle Ages, Vasco de Gama Marco Polo, Christopher Columbus contributed to the world economy. In addition, the Stock Exchange for the first time and the first companies were also made ​​in the era of the Middle Ages. In addition, there is a major theme of the two in economy. One is capitalism, the other is a socialist. Capitalism is a system of economy and society to focus freely. Production goods, money, labor, and means of production. Capitalism grows with the interaction from five items of these. Socialism is the society itself, the theory and planning the economic system with an emphasis equally on the above items.

Feeling point


I was surprised about what you had economic principle very modern city-state that next to it with the ancient Babylonians had. I felt also economic system they have built, and that there is no place that is different from the otherwise modern systems also great.

Question point

I want to know more about why a principle more about the difference between socialism and capitalism. Differences in learning of both will only exist something, why economic, social and political at all.