Economic law

Economic law is a set of legal rules for regulating economic activity. [1][2]Economics can be defined as "a social science concerned with the production, distribution, and consumption of goods and services."[3] The regulation of such phenomena, law, can be defined as "customs, practices, and rules of conduct of a community that are recognized as binding by the community", where "enforcement of the body of rules is through a controlling authority."[4] Accordingly, different states have their own legal infrastructure and produce different provisions of goods and services.

For other uses, see Economic law (disambiguation).

See also

References
  1. Ferdinand Joseph Maria Feldbrugge, Gerard Pieter van den Berg, William B. Simons (1985) "Encyclopedia of Soviet Law", BRILL, ISBN 90-247-3075-9
  2. O. S. (Olimpiad Solomonovich) Ioffe, Mark W. Janis (1987) "Soviet Law and Economy", Martinus Nijhoff Publishers, ISBN 90-247-3265-4
  3. "Economics". Investopedia. Retrieved 2022-03-22.
  4. "law | Definition, Systems, Institutions, & Fields | Britannica". www.britannica.com. Retrieved 2022-03-22.


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