Money: its origin, essence and theories

There are several concepts on the question of the origin of money, but the main ones are rationalistic and evolutionary. The first concept, which arose in the time of Aristotle, prevailed until the end of the XVIII century and explained the origin of money as the result of an agreement between people. Some modern economists […]

Regional economy and regional policy

The economy of the region is understood as the integral system of management that has developed in it, the totality of all its economic and social factors, as well as the relationships between them and similar factors of other regions, which determines the level of development of productive forces and social processes in the region. […]