Question

The term industrial economics was probably originated
for the first time by______?
Hanson
Andrews
Stigler
Keynes

Answer 1

Answer:

keynes

Explanation:

the answer is keynes i hope so

Answer 2

Answer:

The term "Industrial Economics" was coined in the early 1950s, possibly as a result of P.W.S. Andrews' works.

Explanation:

• The industrial economy generally refers to activities that combine factors of production (facilities, supply, labour, and knowledge) to generate tangible items for the market.
• Scholars disagree much about when it began and ended, although the time frame mainly covered the years 1760 to 1840.
• Some claim that this historical turning point is to blame for the rise in population, rise in living standards, and development of the capitalist system.
• The secondary sector of the economy is another name for the industrial economy.
• Presently, the manufacturing sector accounts for 20% of GDP or more in China, Japan, Germany, South Korea, Indonesia, and Poland. You may think of these as industrial economies.

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