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- Examples of economic history include12:
- The development of economics during the Bronze Age in various regions such as Sumer and Babylonia, the Indus River Valley, China, and Egypt.
- The incorporation of historical data into economic analyses by figures like Adam Smith, Thomas Malthus, and Karl Marx.
- Specific topics like the Silk Road, mercantilism, the Atlantic slave trade, the Spice Trade, and the Triangular Trade.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Economics in its basic form began during the Bronze Age (4000-2500 BCE) with written documents in four areas of the world: Sumer and Babylonia (3500-2500 BCE); the Indus River Valley Civilization (3300-1030 BCE), in what is today’s Afghanistan, Pakistan, and India; along the Yangtze River in China; and Egypt’s Nile Valley, beginning around 3500 BCE.www.investopedia.com/articles/economics/08/econ…The studies of history and economics were once closely related. The Scottish economist and philosopher Adam Smith (1723–90), the English economist and demographer Thomas Malthus (1766–1834), and the German economist and philosopher Karl Marx (1818–83) were all political economists who incorporated historical data into their analyses.www.britannica.com/money/economic-history - People also ask
- The effective birth of economics as a separate discipline may be traced to the year 1776, when the Scottish philosopher Adam Smith published An Inquiry into the Nat…
- Adam Smith, paste medallion by James Tassie, 1787; in the Scottish National Portrait Gallery, Edinburgh. See more
- No one has ever succeeded in neatly defining the scope of economics. Many have agreed with Alfred Marshall, a leading 19th-century English economist, that eco… See more
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