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# Economic System Knowledge Transfer

## Definition

The communication and dissemination of understanding about economic arrangements from one context to another, including the ways in which successful practices, principles, and experiences are shared and adopted by different societies and contexts.

## Source Chapter

Book IV, Chapter 0

## Context

Smith's discussion of different systems and their development implies the importance of knowledge transfer in economic arrangements and its role in advancing economic understanding and practice.

## Economic Domain

General Theory

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