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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.
As an ideology, modern liberalism is associated with the center of the economic and spectrum because it allows for elements from both socialist ideologies and capitalist ideologies, combined with individual rights and freedoms and the principle of rule of law. This article details the main principles, history, positives and negatives of modern liberalism.
Friedrich Hayek was one of the most significant economic thinkers of the 20th century and championed free market capitalism. This article details the life and significance of Friedrich Hayek.
The Wars of the Roses were a series of civil wars fought in England between 1455 and 1487, pitting the red rose of the House of Lancaster against the white rose of the House of York in a bitter struggle for the English throne. The conflict ended with the Battle of Bosworth Field in 1485 and the rise of the Tudor dynasty under Henry VII. This article details the history and significance of the Wars of the Roses.
Economics helps us understand how we decide what to produce, what to consume and how to exchange goods throughout society. This article details the significance of economics as a field of study, including the different economic systems.
This Later Crusades map was created by History Crunch to help students and teachers understand the geographic routes of the Sixth, Seventh, Eighth and Ninth Crusades between 1228 and 1272 CE. It shows the key destinations of each campaign including Jerusalem, Egypt, Tunis and the port city of Acre, and illustrates how the crusading movement gradually weakened over time. Designed for students in grades 5 to 12.