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| | classical economics -- Encyclopædia Britannica |
 | | Amid the usual parade of festivals, celebrations, premieres, and commemorations, the world of classical music in 1996 endured forces of change, tribulation, and even crisis, plagued by sobering new economic realities and labour difficulties that were becoming increasingly common in an era of reduced public and private support for the arts. |
| | Although the word “economics” was used in the 1790s, the subject was generally called political economy until late in the 19th century. |
| | term used, often derogatorily, to describe classical economic liberalism of the 19th century, based on the writings of Adam Smith in ‘The Wealth of Nations'; French word bourgeois refers to merchants, bankers, and entrepreneurs of the towns; prosperous middle class, or bourgeoisie, was contrasted with the workers, called the proletariat; bourgeoisie deemed by antiliberals... |
| www.britannica.com /eb/article-9024233?tocId=9024233 (923 words) |
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