Without the parallel development of systems of monetary - and credit-based exchange - there could have been no … - Peter Dicken

Same topic Authors

Quote of the day

Trump is popular, Trump is big precisely because Republican voters are angry at establishment Republicans. And establishment Republicans keep giving these people reason to be mad by continuing to insult them, and by appearing to agree with Democrats on key issues a majority of Americans disagree with, from amnesty to whatever, economics, Obamacare, take your pick.

Peter Dicken

Without the parallel development of systems of monetary - and credit-based exchange - there could have been no development of economies beyond the most primitive organizational forms and the most geographically restricted sales.

Credit, Development, Economy, Geographically, Monetary, Parallel

Same Author Quotes

More broadly, strategic alliances are more difficult to manage and coordinate than single ventures; the potential for misunderstanding and disagreement, particularly between partners from different cultures, is great. Certainly many such alliances are short lived.

Alliances, Coordinate, Culture, Different, Ventures

One of the most striking developments has been the rise, fall and rise again of the semiconductor industry of the United States, which is, once again, the dominant player in the most advanced semiconductor product-markets.

Developments, Fall, Industry, Player, United States

Geographically, the global economy is now multi-polar , as new centres of production have emerged in parts of what had been, historically, the periphery of the world economy. The world is now more accurately described as a 'mosaic of unevenness in a continual state of flux'.

Centres, Economy, Emerged, Mosaic, Mosaics, World

One of the most striking trends, since at least the 1960's, has been for employment in services to grow far more rapidly than employment in manufacturing. It is this trend that has led to the view that developed economies have become de-industrialized and that they are now effectively service economies.

Employment, Rapidly, Trends, Views

The primary driver of final consumer demand is, of course, the level of disposable income.

Course, Disposable, Finals, Income, Level, Levels