Economic laws are stable connections inherent in economic phenomena, are objective in nature. Distinguish between: general and specific for a particular socio-economic formation. The manifestation of economic laws consists in the introduction of economic life, within the framework of each economic system, in a certain conditioned channel provided by the law itself. So, for example, the law of supply and demand is manifested in the relationship between the production of goods and their consumption in the market, the price sets at the point of equilibrium between supply and demand.
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