Economy, asked by jshah0294, 5 months ago

give an idea of the devlopment of economic as a scientist in west

Answers

Answered by itzcutejatni
1

Answer:

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Explanation:

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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