Historical Determinism in Economic Fields

Historical Determinism in Economic Fields

All economic schools of thoughts can not evade this. Theory of Economic determinism (Appearance, rise and descent). Economic schools of thoughts will experience one session of appearance, rise and descent and in a return will experience their growth and thriving period.

On the other hand, in economic fields, production elements, people, companies with the same career, consulting engineers in one economic system such as workers will survive. In this theory we can recapitulate and predict the theory of recurrence of global economic crisis in the following decades ahead.