ABSTRACT
All economic systems, be they macro (global, regional, etc.) or micro (corporate, workshop, etc.) experience the following basic stages: formation, maturation, and eventually dissolution or drastic changes, which substantially alter the system. These processes are mostly predetermined by objective factors. When those factors have long-term implications, they define the vector of the dynamics of economic systems. Objective factors influence economic systems regardless of the wishes or efforts of politicians or executives, which can be understood as subjective factors. Objective factors are overwhelmingly beyond the control of human beings. As a simple example, regardless of how hard one tries (a subjective factor), the laws of thermodynamics, gravity, or the absence of rich natural resources (objective factors) will never be overcome.
