Answer: Agricultural Hearths. When looking at the spread of new ideas, we start with the place where that idea emerged. We call this a hearth, so an agricultural hearth would be the place where farming was first developed. Over in China, between the Yellow and Yangtze rivers, ancient people developed agriculture on their own.
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It employed the best map makers available.
On-the-job training was accomplished on successive trips down the coast of Africa.
Salutary neglect, policy of the British government from the early to mid-18th century regarding its North American colonies under which trade regulations for the colonies were laxly enforced and imperial supervision of internal colonial affairs was loose as long as the colonies remained loyal to the British government and contributed to the economic profitability of Britain. This “salutary neglect” contributed involuntarily to the increasing autonomy of colonial legal and legislative institutions, which ultimately led to American independence.
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The main difference between the two systems is that in common law countries, case law — in the form of published judicial opinions — is of primary importance, whereas in civil law systems, codified statutes predominate. In fact, many countries use a mix of features from common and civil law systems.
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Public Goods - The Economic Lowdown Podcast Series
Explanation:
Is public transportation a public good? How about national defense? Knowing the characteristics of public goods will help you understand why private firms excel at producing private goods, but they have little incentive to produce public goods. Rather, if society wants public goods, government must produce them. This episode of The Economic Lowdown defines the characteristics of private and public goods and explains why these characteristics help determine who is best positioned to produce each.
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