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- Political economy is a branch of political science and economics1that studies economic systems and their governance by political systems1. It was the original term for the study of production, the acts of buying and selling, and their relationships to laws, customs and government2. It developed in the 17th century as the study of the economies of states which placed the theory of property in the theory of government2.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Political economy is a branch of political science and economics studying economic systems (e.g. markets and national economies) and their governance by political systems (e.g. law, institutions, and government).en.wikipedia.org/wiki/Political_economy
Political economy was the original term for the study of production, the acts of buying and selling, and their relationships to laws, customs and government. It developed in the 17th century as the study of the economies of states which placed the theory of property in the theory of government.
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