Discuss the economy by giving an historical overview

Assignment Help Microeconomics

Reference no: EM13808230

Introduction

A great number of radical transformations have taken place in the economy from the agricultural revolution to postindustrial days.

The Prompt

Respond to the following question in the discussion forum for this module located in the "Discussion Board" link in the "Communication" area of the course.

Discuss the economy by giving an historical overview of the three major revolutions that have taken place. How did each of the three revolutions change the lives of the people? What were the gains made by the revolutions? And what were the consequences of the revolutions?

Were these revolutions inevitable? Why or why not? Make a prediction about the nature and outcome of the next great economic revolution.

Resources

Your textbook provides a great deal of information about the economy from an historical overview.

Specifications

Post your opening response to the question early in the assignment period so that others have time to respond to you.

For a passing score, you must respond constructively to at least two other students over a period of 2 days within the due dates of the forum.

For above average scores, you must provide specific details from the readings to support your ideas.

Reference no: EM13808230

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