History of Economic Development:
(1) Describe the three epochs of human economic development. Make sure to touch on the approximate dates, the general global locations, and the distinguishing characteristics of human economics in each epoch;

(2) What realization about economic efficiency occurred in the mid-18th century, and how did this influence economic decision making?

(3) This section of the assignment should be at least 500 words. Give a word count at the end of this section, or points will not be earned.

Historical Economic Thinkers Summary:
Write a 500 word summary (in total) of the major contribution in economic thinking for each of the following historical economists (Important: indicate the total word count for your summary, or no points will be given)

– Adam Smith

– Thomas Malthus

– David Ricardo

– Carl Marx