22 lines
665 B
Markdown
22 lines
665 B
Markdown
<!-- generated: provider=openrouter model=arcee-ai/trinity-large-preview:free date=2026-02-19 source=book-4-introduction -->
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# Economic System Standard
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## Definition
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The established norms, principles, and practices that define acceptable and effective economic arrangements, including the benchmarks and criteria against which different systems and their components are evaluated and compared.
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## Source Chapter
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Book IV, Chapter 0
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## Context
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Smith's framework for understanding political economy implies the importance of standards in economic arrangements and their role in guiding economic practice and evaluation.
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## Economic Domain
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General Theory
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---
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