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Political Economy Final Exam Flashcards
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Institutional economics
Institutional economics
focus on economic evolution, focus on the growth of big business, transnational corporations (TNCs) and the influence of trade unions
Modern political economy
Modern political economy
focus on the conditions for broad progress (I.e. the ecological crisis), addresses real political economic problems and market values.
Materialism
Materialism
material conditions as the leading factor of social change
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