T. Veblen's approach

The focus of attention of another scientist, T. Veblen (1857-1929), was a criticism of the limitations of the economic approach to consumption. Economists, he wrote, have put forward the false thesis that consumption is the ultimate goal of production, but have paid little or no attention to how consumers actually behave or what impact the […]

The concept of enterprise, its features and principles of organization

An enterprise is an independent economic entity that has the rights of a legal entity, which, on the basis of the use of property by the labor collective, produces and sells products, performs work, provides services. The main task of the enterprise is economic activity aimed at making a profit to meet the social and […]