Economy, asked by Nike312, 1 year ago

Difference between new classical and neoclassical economics

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Answered by rudraverma86pdmdpg

In the context of the tradition, Classicism refers either to the art produced in antiquity or to later art inspired by that of antiquity; Neoclassicism always refers to the art produced later but inspired by antiquity. Thus the terms Classicism and Neoclassicism are often used interchangeably.

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