Unlike socialism, however, under communism production and distribution are overseen by the government. Political economy may draw upon sociology, economics, and political science to define how ...

But again, a government is not a business, a national economy, which is closely intertwined with its national government, is not a business. And not just in the obvious sense that it’s not ...

An economy is defined as being in recession when the total of everything we and the government spend or export shrinks for ...