735 B
735 B
Economic System Implementation Barrier
Definition
The specific obstacles and difficulties that prevent or impede the effective implementation of economic arrangements, including practical, institutional, political, and social barriers that must be overcome to realize intended economic policies and systems.
Source Chapter
Book IV, Chapter 0
Context
Smith's discussion of different systems and their application implies the importance of understanding implementation barriers and their role in determining the success or failure of economic arrangements.
Economic Domain
Regulation