Questions what is the main features of the socialist economy?

Who is Thomas Robert Malthus? Give example from his theories.

Key words: population growth, poor lows, industrial revolution.

Thomas Malthus (1766 -1834) was a political economist and Enlightenment thinker who observed the growing population with increasing concern. To explain poverty, dearth and famine he wrote a famous essay at the end of the 18th century entitled An Essay on the Principle of Population

62. 
    What is Demand?
    

Key words: price, income, goods.

Demand: The amount of a good or service that an individual is willing and able to buy at each possible price. Demand curve/function: A graph or equation relating the quantity of goods or services that consumers demand and the price per unit of those goods or services.

63.