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Both history and economics involve the study of events and patterns that have occurred over time and affect the present. This can be put together to be referred to as economic history, which helps people understand all p... More »

www.reference.com World View Social Sciences Economics

In addition to their economic value as food, mollusks are also used to make jewelry the most notable and valuable example of which is pearl jewelry. While clams, oysters, snails and squid frequently contribute to many co... More »

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Japan has an industrialized global free market economy. A free market economy is a competitive economic system in which businesses compete with each other for profit and the prices of goods and services are based on supp... More »

www.reference.com World View Social Sciences Economics
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The American Economic Association states that the study of economics is primarily concerned with how people use resources, such as people's time and talent, land, equipment, products and services. Economists and students... More »

www.reference.com World View Social Sciences Economics

In economics, a market supply curve is a model showing the direct relationship between the price of a good or service and the quantity of that good or service supplied to the market by producers. The upward slope of the ... More »

www.reference.com World View Social Sciences Economics

An inverse relationship in economics is a relationship in which an increase in one variable corresponds with a decrease in another variable. The law of demand illustrates this inverse relationship. It states that, with a... More »

www.reference.com World View Social Sciences Economics

Economics is closely related to the other social sciences, particularly politics, sociology (because some academics argue that economics is in fact a branch of sociology) and ethics; there are also strong connections wit... More »

www.reference.com World View Social Sciences Economics