Wage system
System which compensates the employees with a fixed sum per piece, hour, day or another period of time, covering all compensations including salary.
Wage System Media
Cosimo de' Medici, who managed to build an international financial empire and was one of the first Medici bankers
A painting of a French seaport from 1638 at the height of mercantilism
Robert Clive with the Nawabs of Bengal after the Battle of Plassey which began the British rule in India
The Watt steam engine, a steam engine fuelled primarily by coal propelled the Industrial Revolution in Great Britain
The gold standard formed the financial basis of the international economy from 1870 to 1914.
The New York stock exchange traders' floor (1963)
The economic model of supply and demand states that the price P of a product is determined by a balance between production at each price (supply S) and the desires of those with purchasing power at each price (demand D): the diagram shows a positive shift in demand from D1 to D2, resulting in an increase in price (P) and quantity sold (Q) of the product.
Profile of Adam Smith. The original depiction of Smith was created in 1787 by James Tassie in the form of an enamel paste medallion. Smith did not usually sit for his portrait, so a considerable number of engravings and busts of Smith were made not from observation but from the same enamel medallion produced by Tassie, an artist who could convince Smith to sit
The subscription room at Lloyd's of London in the early 19th century
