Give an idea of the development of economics as a science in the west .
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The earliest Western theory of development economics was mercantilism, which developed in the 17th century, paralleling the rise of the nation state. ... Mercantilism held that a nation's prosperity depended on its supply of capital, represented by bullion (gold, silver, and trade value) held by the state.
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to development of economics main things is to awareness to person about the economy give them employment two development of day on
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