Economy, asked by harshpatel7218, 6 hours ago

Describe in detail about classical thoughts.​

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Answered by Huzef048
4

Answer:

Classical economic theory was developed shortly after the birth of western capitalism. It refers to the dominant school of thought for economics in the 18th and 19th centuries. ... Theories to explain value, price, supply, demand, and distribution, was the focus of classical economics.

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