Question

the term industrial economics was probably originated for the first time​

Answer 1

Answer:

Joe Bain termed the industrial economics for the first time

Answer 2

Origin of the term industrial economics:

• The term industrial economics arose from two traditions with separate roots: The Economics of the industry in the United Kingdom and industrial association in the United States.
• Industrial Economics is mainly the study of businesses, industries, and markets. It looks at firms of all dimensions – from local crook shops to international giants such as Walmart or Tesco.
• And it reflects a whole range of industries, such as electricity generation, car manufacture, and restaurants.

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