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Towards an Exchange System ThisaraGunathilakaB.Sc in Business Management (Sp) (Dublin), B.Mgt.Studies Marketing(OUSL), CHRM (NIBM), aat Final
Evolvement of Economies The continuous development technology within the exchange system, which followed the industrial revolution, resulted in exchange economies which led to the growth of ‘Markets’ and ‘Marketing’
A Self Sufficient Economic System Led to low efficiency and ultimately low output Little “division of labour” or “specialization” All activities in the production process were done under the domestic system ,[object Object],[object Object],[object Object]
Exchange Economy As a result of the industrial revolution, the creation of variation in desired out puts to satisfy their unlimited wants become possible. Therefore, it caused the transformation of the self sufficient economies to exchange oriented economies.  led to the growth of ‘Markets’ and ‘Marketing’
towards an exchange system
towards an exchange system

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towards an exchange system

  • 1. Towards an Exchange System ThisaraGunathilakaB.Sc in Business Management (Sp) (Dublin), B.Mgt.Studies Marketing(OUSL), CHRM (NIBM), aat Final
  • 2. Evolvement of Economies The continuous development technology within the exchange system, which followed the industrial revolution, resulted in exchange economies which led to the growth of ‘Markets’ and ‘Marketing’
  • 3.
  • 4. Exchange Economy As a result of the industrial revolution, the creation of variation in desired out puts to satisfy their unlimited wants become possible. Therefore, it caused the transformation of the self sufficient economies to exchange oriented economies. led to the growth of ‘Markets’ and ‘Marketing’