An Essay on Economic Theory

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1.4. Market Towns

  • An Essay on Economic Theory by Richard Cantillon
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Tags Teoría MonetariaValor e Intercambio

12/01/2014Richard Cantillon

Entrepreneurs establish markets in centrally located villages which provide the necessary conditions under which prices are established between supply and demand. The size of the market town depends on the size of the economy it serves.

From Part 1: Production, Distribution, and Consumption. Narrated by Millian Quinteros.

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