Aspects of the evolution of the concept of
industrial economy in the USA and England
Ion STEGĂROIU[1],[2], Andrei-Marius MATICIUC [3], Gabriel CROITORU[4], Vasile CUMPANAȘU[5]
Abstract.
Industrial economics is a branch of economics that studies the behavior
of firms and markets in an industrialized environment. The evolution of the
concept of industrial economy in the United States of America (USA) and England
can be understood by tracing the main stages and trends. The evolution of these
concepts reflects major changes in economic structure, technology and economic
thinking, marking the transition from a predominantly agrarian and
manufacturing economy to one characterized by services, technology and
globalization.
Keywords:
industrial economics,
technology, economic thinking, management
DOI 10.56082/annalsarscieco.2023.2.5
