Write a 2-page over the doctrine of the Classical school of economic thought. This is a group project and I am responsible for answering questions 3 & 4 from the following list. The other questions will be answered by other people, but I felt it would be helpful to keep the other questions in mind when writing the paper. 1. What is the historical background of the school? 2. What were the major tenants of the school? 3. Whom did the school benefit or seek to benefit? 4. How was the school valid, useful, or correct in its time? 5. Which tenants of the school became lasting contributions?
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