Journal of Food, Agriculture and Environment
The homeostatic perspective of the interaction between the economic system and the environment
Author(s):
Ionel Bostan
Recieved Date: 2013-07-11, Accepted Date: 2013-10-15
Abstract:Similarly to living organisms, the active economic system is defined by certain homeostatic states and processes. Clearly, whether we are dealing with living organisms or with the social production system, homeostasis is constantly altered by various factors, while the internal balance is invariably changing at each stage. According to the laws of natural sciences, certain elements within a system are self-regulatory, while the others are regulated by other components. Starting from certain similarities, it can be seen that social production is a self-regulatory, self-organising and self-training system that continually changes and develops its structure, while facilitating the criteria used in order to define the range of its homeostasis.
Keywords:Homeostasis,
self-regulation, essential variables, feed-back, adjustments, dynamic equilibrium, optimumJournal: Journal of Food, Agriculture and Environment
Year: 2013
Volume: 11
Issue: 3&4
Category: Environment
Pages: 2292-2294
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