what is meant by political economy
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- ᴘᴏʟɪᴛɪᴄᴀʟ ᴇᴄᴏɴᴏᴍʏ ɪs ᴀ ʙʀᴀɴᴄʜ ᴏғ sᴏᴄɪᴀʟ sᴄɪᴇɴᴄᴇ ᴛʜᴀᴛ sᴛᴜᴅɪᴇs ᴛʜᴇ ʀᴇʟᴀᴛɪᴏɴsʜɪᴘ ᴛʜᴀᴛ ғᴏʀᴍs ʙᴇᴛᴡᴇᴇɴ ᴀ ɴᴀᴛɪᴏɴ's ᴘᴏᴘᴜʟᴀᴛɪᴏɴ ᴀɴᴅ ɪᴛs ɢᴏᴠᴇʀɴᴍᴇɴᴛ ᴡʜᴇɴ ᴘᴜʙʟɪᴄ ᴘᴏʟɪᴄʏ ɪs ᴇɴᴀᴄᴛᴇᴅ. ɪᴛ ɪs, ᴛʜᴇʀᴇғᴏʀᴇ, ᴛʜᴇ ʀᴇsᴜʟᴛ ᴏғ ᴛʜᴇ ɪɴᴛᴇʀᴀᴄᴛɪᴏɴ ʙᴇᴛᴡᴇᴇɴ ᴘᴏʟɪᴛɪᴄs ᴀɴᴅ ᴛʜᴇ ᴇᴄᴏɴᴏᴍʏ ᴀɴᴅ ɪs ᴛʜᴇ ʙᴀsɪs ᴏғ ᴛʜᴇ sᴏᴄɪᴀʟ sᴄɪᴇɴᴄᴇ ᴅɪsᴄɪᴘʟɪɴᴇ.
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☆Political Economy
- Political economy is a branch of social science that studies the relationship that forms between a nation's population and its government when public policy is enacted.
- It is, the result of the interaction between politics and the economy and is the basis of the social science discipline.
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