FEATURES OF INVESTMENT PROCESS UNDERSTANDING BY A. SMITH AS THE FOUNDER OF CLASSICAL THEORY

Journal: Bulletin of Taras Shevchenko National University of Kyiv. Economics (Vol.145, No. 4)

Publication Date: 2013-04-01

Authors : T. Ovcharenko;

Page : 49-52

Keywords : capital; competition; investment; investment process;

Source : Download Find it from : Google Scholar

Abstract

The paper examines the essence and the nature of the concept of “investment”. The main conceptual elements of a scientific theory of Adam Smith are defined. The features of the investment process by Adam Smith as the driving mechanism for social and economic development of a society are revealed.

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FEATURES OF INVESTMENT PROCESS UNDERSTANDING BY A. SMITH AS THE FOUNDER OF CLASSICAL THEORY

Abstract

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