Course info
Capitalism is the most
advanced economic system that has developed and evolved in the course of human
history. Capitalism as an economic system
began in Europe, especially Great Britain, but soon spread throughout the
world, affecting the lives of many people.
Economic historians therefore, study this economic system to understand
how it has developed over the centuries and the impact it has had on different
nations of the world. Of major interest
are the historical periods through which it has developed and the character it
assumed during each phase of transformation.
The fact that this economic system has come to be the most dominant in
the world encourages economic historians to want to understand how that has
come about, particularly the mechanisms that have been used to entrench the
system in different parts of the world.
- Teacher: Biniam Misgun
- Teacher: Bhekani David Nzimande
- Teacher: Sunday Israel Oyebamiji
- Teacher: Innocent Radebe
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