Who was Frederic List Class 10?

Who was Frederic List Class 10?

Answer: Georg Friedrich List (6 August 1789 – 30 November 1846) was a German-American economist who developed the “National System” of political economy. He was a forefather of the German historical school of economics, and argued for the German Customs Union from a Nationalist standpoint.

What are the three political economy?

There are three main types of economies: free market, command, and mixed. The chart below compares free-market and command economies; mixed economies are a combination of the two. Individuals and businesses make their own economic decisions.

What is Friedrich List’s national system?

Georg Friedrich List (6 August 1789 – 30 November 1846) was a German-American economist who developed the “National System” of political economy….

Friedrich List
Contributions National System of Innovation Founded the historical school of economics
Signature

Who was Friedrich professor of economics?

Georg Friedrich List was a German-American economist who developed the “National System” of political economy. He was a forefather of the German historical school of economics, and argued for the German Customs Union from a Nationalist standpoint.

Who is the father of economics in India?

List

Field Person Epithet
Economics M.G.Ranade (Mahadev Govind Ranade) Father of Modern Economics
Science Homi J. Bhabha Father of Nuclear/Atomic Program
Science Vikram Sarabhai Father of Space Program
Science A. P. J. Abdul Kalam (Avul Pakir Jainulabdeen Abdul Kalam) Father of Missile Program

Who is the father of political geography?

Friedrich Ratzel
Friedrich Ratzel is usually acknowledged as the father of political geography. His Politische Geographie was published in 1897.

What are the national systems?

The term ‘national system of political economy’ stems from a filiation of American and German ideas that arose in opposition to the universalist character of classical economics and were designed to promote public policies serving the economic development of the nation.