Eyewitness: Economy

This book uses very simple language to explain some abstract economic concepts like types of economic systems, private property rights, division of labour, trade and exchange rate, money and banking, shares and bonds, savings and investments, inflation, GDP and unemployment, income inequality and so on.

Don’t underestimate this book, as you will find Adam Smith and Karl Max inside.

By the way, do you know what is banana republic?

Dorling Kindersley. (2010). Eyewitness: Economy. London: DK.