History and Geography And Econ
Economics has been around for as long as humans walked on earth. Going back to the days where the economy was not broken into different classes; capitalism, communism, or socialism, it was thought of as history and geography. Economics advanced from the primitive days to where we are now through the notion of history and geography. Thousands of years ago when the economy consisted of weapons to hunt animals and tools to grow crops in order to make a living turned into trade, and then into complicated economic systems based on the writings of famous philosophers. As time elapsed and left history behind; as people settled in different parts of the world and created geography, economics split into several major economic systems such as capitalism, socialism, and communism. The location of the country and it history are the factors that evolved it's economic system. Economics is history and geography. Ages and ages ago the economy consisted of hunters and gatherers. Hunting animals and growing crops was the way of life for our ancient cultures. Tribes looked to settle on land that was high in natural resources so they could grow their crops. The men would hunt animals and the women stayed behind to plant crops and take ca
re of children. They found shelter by using the materials around them to build homes and make the tools they needed. To make life easier our ancestors usually moved from place to place throughout the years in search of land higher in natural resources and better living conditions. Some tribes not only moved in search of richer lands but they followed the herds of wild animals that they hunted. Their economy was very basic because it did not consist of wants of luxury items like our economy. It consisted of needs for survival. The economy of hunters and gatherers consisted of geography; a search for better land that provided more resources and food. In conclusion, economics is history and geography. Economics evolved over time from continent to continent as a cultures standard of life. The geography part of the definition represents the society's location. Although there are only three major economic systems in every part of the world they are practiced somewhat different. The capitalism practiced in the United States differs from the capitalism that is practiced in Europe. The economic position of a country depends on the countries location, economic system, and the countries standard of living. The historical part represents the development of the society, industrialization, how far the society has actually advanced technologically. Economics represent history and geography but also governs and controls the way that individuals, communities, societies, countries lead their way of life. On the other hand, communism is an ideology based on the communal ownership of all property and a classless social structure, with economic production and distribution to be directed and regulated by means of an authoritative economic plan that supposedly embodies the interests of the community as a whole. Today, Karl Marx is the most famous early theoretician of communism, but he did not invent the term or the basic social ideals, which he mostly borrowed and adapted from the less systematic theories of earlier
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Approximate Word count = 1369
Approximate Pages = 5 (250 words per page double spaced)
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