markitect-main/examples/infospace-with-history/output/entities/economic-system-success-measure.md

Economic System Success Measure

Definition

The specific indicators and metrics used to determine whether economic arrangements are achieving their intended objectives, including measures of wealth generation, distribution, and the provision of subsistence for the people and revenue for public services.

Source Chapter

Book IV, Chapter 0

Context

Smith's discussion of political economy's objectives implies the importance of having measures to determine whether different systems are successfully achieving their intended purposes.

Economic Domain

General Theory

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