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A traditional economy is a loosely defined term sometimes used for older economic systems in economics and anthropology. It may imply that an economy is not deeply connected to wider regional trade networks; that many or most members engage in subsistence agriculture, possibly being a subsistence economy; that barter is used to a greater frequency than in developed economies; that there is ...
The Momogun Rungus are an Austronesian ethnic group indigenous to Sabah, Malaysia. They primarily live in northern Sabah especially in Kudat, Kota Marudu and Pitas districts with small minorities in the Beluran district of the east coast Sandakan Division.
State capitalism is an economic system in which the state undertakes business and commercial (i.e., for-profit) economic activity and where the means of production are nationalized as state-owned enterprises (including the processes of capital accumulation, centralized management and wage labor).
The island of Taiwan, also commonly known as Formosa, was partly under colonial rule by the Dutch Republic from 1624 to 1662 and from 1664 to 1668. In the context of the Age of Discovery, the Dutch East India Company established its presence on Formosa to trade with the Ming Empire in neighbouring China and Tokugawa shogunate in Japan, and to interdict Portuguese and Spanish trade and colonial ...
Traditional society has often been contrasted with modern industrial society, with figures like Durkheim and Pierre Bourdieu stressing such polarities as community vs. society or mechanical vs. organic solidarity; [3] while Claude Lévi-Strauss saw traditional societies as 'cold' societies in that they refused to allow the historical process to define their social sense of legitimacy.
Coinage of Raden Patah, possibly minted around 15th to 16th century, The coin is displayed at Sumatran Numismatic Museum in Medan. Obverse: سلطان دمق فقرن الفـَـاتح (Sultan Demak Pangeran al-Fatih (Raden Patah)), Reverse: محمد صل وسلم عليه (the Shalawat); both written in the perso-arabic script.
The Gross National Happiness (GNH) phrase was initially used as an off-hand remark by the King of Bhutan to indicate his lack of interest in western materialistic style of economic development.
An Inquiry into the Nature and Causes of the Wealth of Nations, generally referred to by its shortened title The Wealth of Nations, is the magnum opus of the Scottish economist and moral philosopher Adam Smith (1723–1790).