Economic history is the history of mankind. It accumulates the economic experience of society, fosters historicism, scale and realism of thinking, since it makes it possible to know and compare the development of the economy of different countries in different eras. The study of the history of economics shows how the productive forces and sectoral structure of the economy, production relations and forms of organization of production, the economic mechanism of management and the economic policy of the state, as well as the social structure of society have changed from primitive to the present.