Social Darwinism: A Detailed Summary
Social Darwinism is a theory that applies the concept of ‘survival of the fittest’ from Charles Darwin’s theory of natural selection to human societies, often justifying inequality, imperialism, and social hierarchy. It is most commonly seen in history in terms of economic, the Age of Imperialism and Nazi Germany.
Economic Systems: A Detailed Summary
Economic systems are the foundation of how modern societies handle the distribution of wealth. Historians have identified several main types of economic systems, including: traditional, command, free market and mixed. This article details economic systems and highlights the main differences between them.
Communism: A Detailed Summary
The first country in the world to adopt communism was Russia during the events on the Russian Revolution in 1917. This article details the history, significance and main principles of communism.
Microeconomics: A Detailed Summary
The main principles of microeconomics focus on how individuals and businesses make choices in a world of limited resources. This article details the main principles of microeconomics in the larger economy.
Free Market Economy: A Detailed Summary
A free market economy is considered to be on the right side of the economic spectrum and is based on the principles of individualism, such as: economic freedom, self-interest, competition and private property. This article details the main principles of a free market economy.
Economics in Ancient Rome: A Detailed Summary
Economics in Ancient Rome was made up of several important aspects, including: agriculture, trade, taxation and slave labor. This article details the history and significance of economics in Ancient Rome.
Economic Individualism: A Detailed Summary
Economic individualism is centered on the idea of less government involvement or intervention in the economy. This article details the history and main principles of economic individualism.
Competition: A Detailed Summary
Competition is a key factor in economics and is a central principle in economic systems such as laissez-faire capitalism and free market economies. This article details the history and significance of competition in economics.
Command Economy: A Detailed Summary
A command economy is considered to be on the left side of the economic spectrum and is based on the principles of collectivism, such as: economic equality, collective interest and public property. This article details the history, examples, and main principles of a command economy.
Collectivism: A Detailed Summary
Collectivism has several main principles, including: economic equality, public ownership, cooperation, collective-interest, economic equality and government regulation. This article details the history and main principles of collectivism in terms of its impact on government and economics.