W.6-1 April 8th / 이동규 Lee Dong Gyu

 Summary

Economics refers to the way people use their environment to meet their material needs, such as bartering or the use of money. Examples include the production, exchange, and distribution of goods and services. The history of using money claims that the Lydians used gold and silver coins. In addition, capitalism was created in this economic society, and sociologists such as Max Weber analyzed this phenomenon. In the process, sociologists analyzed that capitalism works through components such as raw materials, money, labor, means of production, and production. Also, the price is determined by supply and demand. Official figures such as GDP or the Gini coefficient are also used to compare each country's economic level.


Interesting point

It was interesting to compare the economic levels of each country using various figures, and I learned what views various sociologists had to analyze capitalism.


Question 

After reading Max Weber's book, "Protestantism Ethics and Capitalism," I wonder what role religion has played in the economy.

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