The Second Stage of Economic Sociology

The second stage (50-70s) is associated with the structural and functional direction of theoretical sociology (T. Parsons, R. Merton, N. Smelser, K. Davis, D. Moore, and others), which is trying to correlate the economy with other subsystems of social life. Unlike the first stage, when the economy was seen as a whole, it is now […]

The main types of world prices

World prices are prices at which large export-import operations are carried out, which quite fully characterize the state of international trade in a particular product. World prices change under the influence of market conditions. At the same time, changes in the value proportions of commodity exchange have a significant impact on the development of international […]