What are the typical characteristics of urban civilization in ancient time.
Ancient urban civilizations usually had writing system, agriculture, hierarchal social structure, patriarchal institution and division of labor.
Is monopoly really that bad?
Monopoly is a kind of behavior generating dead weight loss to a economy; however, monopoly is the best way to fully take advantages of the economy of scale for few companies
What is the determinant factor for economic growth of a country?
It is capital accumulation and productivity.