New Spaces: Globalization of the Market Economy

  • Philippe de Woot


Since Neolithic times humans have striven to improve their material circumstances by gathering resources, inventing tools and expanding trade. As soon as surpluses could be generated, trade became one of the most powerful engines of economic development. Commerce developed, money was invented, competition emerged. Since then the markets have never ceased to put the economy under pressure, thus causing long lasting development trends.


Market Economy Competitive Game Successful Company Resource Strategy External Growth 
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  1. 7.
    Interview with Steve Case, Financial Times, 25 February 2000.Google Scholar

Copyright information

© Malcolm Stewart 2005

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  • Philippe de Woot

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