1. Comparative economic systems
The main reasons behind this new approach to studying economic systems are the immense political and economic changes that took place both in the Western and Eastern hemispheres. ... Therefore, it is clear that the last few decades have been marked by radical social and political reforms hence making it imperative to adopt a new method for studying economic systems. ... This again reiterates the advantages of the modern approach as it seeks to study why the former systems collapsed and it's after effects. It is important to understand that the economic system of a country is the summat...
- Word Count: 4711
- Approx Pages: 19
- Has Bibliography
- Grade Level: Undergraduate