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MANAGEMENT TIMELINE
steeven.mino
Created on November 18, 2021
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Transcript
Economics TIMELINE
The first "Revolution" ocurred and the classical school of economics was born. In this period Adam Smith made great contribtuions such as division of labor.
1776
Thre neoclassical school of economics was born. The main differnece between the neoclasical and classical school is the determination of the price of a product
1870
The work of Alfred marshall was published making a big contribution to the neoclassical school
1890
Jhon Maynard impulse the next "revolution" and the "Keynesian economics" emerge as a new school of thought.
1920
The work "General theory of emplyment, interest and money" is published by Keynes
1936
Lorem ipsum dolor sit amet, consectetur dipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam.
Lorem ipsum dolor sit amet, consectetur dipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam.
Lorem ipsum dolor sit amet, consectetur dipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.
Economics TIMELINE
Many countries began to face the high unemplyment problem wich the Keynesian theory wasn't capable of explaining
21st century
Monetarism aperas by the hand of Milton Friedman. This thought states that the main determinant of economic growth is the total amount of money in the economy
1970s
1960
Challenges to the assumption has led to another school of economics called "behaviora; economics". In this school aspects of psicology are also inclued
Lorem ipsum dolor sit amet, consectetur dipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam.