Explain why it may be more difficult to bring more change in a traditional economy than in a market economy. Include basic characteristics of each (traditional and market) economy and reasons why changing from a traditional to a market economy may be difficult.
Your response should be a paragraph of at least 7-10 sentences.

Answers

Answer 1

Answer:

In a traditional economy they rely on specific beliefs and they stick to them. There fore they may be more old fashioned and because of this less open to trying to convince them to change.


Related Questions

Which diagram places the market structures in order from least competitive to most competitive?

A.
Oligopoly → monopolistic competition → natural monopoly

B.
Monopolistic competition → monopoly → oligopoly

C.
Pure competition → oligopoly → monopoly

D.
Monopoly → oligopoly → pure competition

Answers

Answer:

it say letter c

Explanation:

pure competition, oligopoly, monopoly

Monopoly-oligopoly-pure competition is the correct place for market structures in order from least competitive to most competitive.

A monopoly has one producer, an oligopoly has few producers, perfect and monopolistic competition has numerous producers.

What is market structure?

In economics, market structure illustrates how businesses are classified and distinguished according to the sorts of items they sell and how external circumstances and components affect their operations. It is simpler to comprehend the peculiarities of several marketplaces when there is a market structure.

Market structure describes how various industries are categorised and distinguished depending on the strength and type of competition they face for services and products. Perfect competition, oligopoly, monopoly, and monopolistic competition are the four most common types of market arrangements.

What is monopoly, oligopoly and pure competition?

A market arrangement in which there is just one seller and only one type of goods available. As the only vendor of the goods with no viable alternatives, the seller in a monopoly market has no rivals or no competition.

A market structure known as an oligopoly occurs when a few large sellers or manufacturers control a sizable portion of a market or an entire sector.

A market structure where a very large number of businesses sell a standardised good into which entry is very simple, where the individual seller has no control over the price of the good, and where there is no non-price competition; a market distinguished by a very large number of buyers and sellers is known as pure competition.

Supporting answer

Hence option D is correct answer

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telecommuting is working from home, making use of the internet, email and etc

Answers

It is also touted as a tool that permits workers to minimize use of "personal days" in instances where they have to stay home and care for a sick child, etc.

What are the task of welfare economist


Answers

Welfare economics seeks to evaluate the costs and benefits of changes to the economy and guide public policy toward increasing the total good of society, using tools such as cost-benefit analysis and social welfare functions.

Dollar bills are legal tender in the U.S.

True
False​

Answers

The answer is True.

Good luck!

Answer:

TRUE

Explanation:

State the importance of keeping hair skin and nails clean

Answers

Answer:

Please refer to: Daily washing, cleaning hands before and after handling food, wearing clean clothing, looking after your skin, hair and nails and good oral hygiene are all factors that contribute to keeping healthy. Personal hygiene is not only important for good health, it is also essential for a person's self-esteem

Explanation:

I'm not sure but hope it helps.

role of ilama iqbal as an advocate of muslim universalism as opposed to western natioalism

Answers

Ilama Iqbal through his works as a poet and philosopher performed the role of advancing Islamic philosophies

As an Islamic advocate he was against western civilization. He called them the narcotics of imperialism. He founded the two nations theory

According to him, muslims were distinct states that needed to be independent from every other region.

His biggest and most influential role was that he tried to divert Islamic followers in India out of the Westernization of a British India. He did this so that they could have a separate Islamic nation.

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Vị thánh trong câu nói dân gian sau là vị nào: “Trống làng nào làng ấy đánh, Thánh làng nào làng ấy thờ”? *

Answers

Explanation:

Vị thánh trong câu nói dân gian sau là vị nào: “Trống làng nào làng ấy đánh, Thánh làng nào làng ấy thờ”?

[tex]lol[/tex]

“Trống làng nào làng ấy đánh, Thánh làng nào làng ấy thờ” là câu câu nói của Thành Hoàng

Which structure helps fish remove oxygen from the surrounding water? fins gills scales swim bladder

Answers

Answer:

The gills.

Explanation:

Answer:

Gills

Explanation:In order to remove oxygen from the  surrounding water, fishes rely on their special organs called "gills." Gills are feathery organs full of blood vessels

difference between caste group and ethnic group.​

Answers

Answer:

Ethnicity is usually an inherited status based on the society in which one lives. Caste is a form of social stratification characterized by endogamy, hereditary transmission of a lifestyle which often includes an occupation, status in a hierarchy, customary social interaction, and exclusion.

Explanation:

This has led many to conclude that caste is distinct from ethnicity, should be analyzed within a different analytical framework from ethnicity, and is unique to the Indian scene.

hope it helped

Ethnicity is usually an inherited status based on the society in which one lives. Caste is a form of social stratification characterized by endogamy, hereditary transmission of a lifestyle which often includes an occupation, status in a hierarchy, customary social interaction, and exclusion.

What is social problem? Define it.​

Answers

Answer:

The bad practice which is done in the name of religion or caste in the society is known as social problem.

a social problem is a issue that affects an entire society at once, human rights are considered a social problem because everyone is affected by these decisions.

vẻ đẹp nội dung tư tưởng trong chuyện hoa chuyện quả của Phạm Hổ.

Answers

Answer:

which language is this. write in english

A study by Sutherland, Andersen and Stoove (2001) investigated the relationship between exercise and multiple sclerosis (MS). Results indicated that, compared to a control group, those in the exercise group were found to experience:________.
a. a longer lifespan
b. higher levels of energy and vigor
c. less pain and fatigue
d. Both a and b
e. Both b and c

Answers

Answer:

E

Explanation:

The study conducted by Sutherland, Andersen, and Stoove (2001) investigated the relationship between exercise and multiple sclerosis (MS). Results indicated that, compared to a control group, those in the exercise group were found to experience the following:

1. Higher levels of energy and vigor

2. Less pain and fatigue

3. Better sexual functioning

And considering the available options, the correct answer is option E. "Both B and C"

explain five features of the colonial nigeria constitution

Answers

Answer:

Preamble.

Separation of power.

Presidential system.

Fundamental Human Rights.

Federalism.

Sovereignty.

Supremacy of the constitution.

Independence of the judiciary.

why is development necessary?​

Answers

Answer:

Human development is necessary for developing human life. Human development always emphasizes more on social justice than economic growth. It's necessary for third world countries specially. It reduce the discrimination between different social communities.

Hope it's helpful for you

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The assertion that non formal institution have no role to play in the processing stage of the system theory is an empty rhetoric

Answers

Assertions are forceful statement which represent a fact of belief. These statements often require some strong evidence which validates their truthfulness.

In the given question the assertion is made that non formal institutions have no role to play in processing stage of system theory is an empty rhetoric. The reader of this statement will need strong evidence or supporting statement backing up this statement so that they can have believe in this statement.

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what do you mean by infrastructures of development? explain the importance of such development for a country.​

Answers

Answer:

It needs to be emphasized that good quality infrastructure is important not only for faster economic growth but also to ensure inclusive growth. By inclusive growth we mean that benefits of growth are shared by the majority of the people of a country. Thus the inclusive growth will lead to the alleviation of poverty and reduction in income inequality in the country.

Hope this helps...

why we study economics? Explain briefly?​

Answers

Answer:

The study of economics helps people understand the world around them. It enables people to understand people, businesses, markets and governments, and therefore better respond to the threats and opportunities that emerge when things change.

Ngày kỷ niệm thành lập Đảng là ngày nào?

Answers

Answer:

03/02/1930

Explanation:

what was the systematic distribution of pipe water started in Nepal​

Answers

Answer:

Nepal water supply, sanitation and hygiene sector development plan. sanitation of Nepal also started to be used for water supply.

Làm thêa nào để hiểu bản thân mình hơn .

Answers

Answer:

???

Explanation:

what was a political cause of the french revolution?
a. the division of people
b. the practice of absolute monarchy

Answers

the practice of absolute monarchy

B: practice of absolute Monarchy.

In Marvel comics, what imaginary rare metal is an important natural resource of Wakanda, the home country of Black Panther?

kryptonite

titanium

neptunium

vibranium

Quite frankly I don't read comics. It has returned to bite me in the butt...

Answers

Answer:

vibranium

Explanation:

that is the rare metal in Wakanda

In Marvel comics,  imaginary rare metal is a vital natural resource of Wakanda, the home country of Black Panther was vibranium. Thus the correct answer is D.

What is a natural resource?

The resources that are received naturally from the planet are referred to as natural resources which are used to sustain life and provide for humanity. These include forests, rivers, air, sunlight, and so on.

In Marvel comics, the rare metal vibranium is a key natural resource in Wakanda, the home nation of Black Panther, and it has the ability to absorb any kinetic energy focused on it.

Food, fuel, and raw materials for the development of products are all made from natural resources. Every food item utilized by humans derives from either animals or plants.

Therefore, option D vibranium is an appropriate answer.

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Which of the following statements is generally true about "resilient" people? a) They get confused easily. b) are open to trying new things. c) They prefer to work with people who are similar to themselves. d) They prefer to focus on many tasks simultaneously.

Answers

Answer:

They prefer to work who are similar to themselves

writte theories of race ? ​
if u can answer all .. Guys

Answers

Answer:

A common theory of race is that it is a social construct.

Explanation:

Another theory that explores race as a theory is critical race theory, an academic framework that explores structural racism and significant, historical events of racial discrimination.

please help me can someone explain me this South Tropical weather​

Answers

Answer:

The Tropic of Capricorn or Southern tropic is one of the five major circles of latitude that mark maps of the Earth.

It is the parallel of latitude at 23 degrees 26′ 22″ south of the Equator, and is the farthest southern latitude that the sun can appear directly overhead, occurring on the December solstice.

Its northern hemisphere equivalent is the Tropic of Cancer.

Latitudes south of the Tropic of Capricorn are in the Southern Temperate Zone.

Wilson was well-liked by the employees he managed, as well as by his peers. He made an effort to get to know the people he worked with on a personal level. He made sure he interacted with the key players of his company any time an opportunity arose. Which personality trait below does Wilson demonstrate? Low neuroticism High openness High agreeableness High extroversion

Answers

Answer:

High agreeableness.

Explanation:

It is correct to say that Wilson demonstrates the personality trait of high agreeableness, that he is a diplomatic and friendly individual, who attracts the sympathy of everyone and manages to move in different social environments in a positive way and bringing harmony to the place.

In the work environment, this is a favorable personality trait, especially for great leaders, as a person with high agreeableness has a high sense of ethics, understanding and cooperation, is an empathetic person who needs to demonstrate trust to others and relate in a way harmonious and honest with people.

Who is the first President of india​

Answers

Answer:

Rajendra Prasad is the first president of India ..

सपनों का भारत पर अनुच्छेद लिखो।​

Answers

Explanation:

मेरे सपनों का भारत वो भारत है जो सभी के लिए बराबर रोजगार के अवसर प्रदान करता है जिससे कि हम सभी हमारे देश के विकास और सुधार के लिए काम करें। जातिवाद एक और बड़ा मुद्दा है जिस पर काम करने की आवश्यकता है। मेरे सपनों का भारत एक ऐसा स्थान होगा जहां लोगों से जाति, पंथ या धर्म के आधार पर भेदभाव नहीं किया जाता हो।

देवकुमारी थापालाई कहाँ नागरिक अभिनन्दन गरिएको थियो ?

Answers

Answer:

Explanation:

                         devkumari thapa lai nepal ma नागरिक अभिनन्दन गरिएको थियो

Which British policies led the colonies to desire independence?

Select all that apply.


laws based on Enlightenment ideas

taxes on good such as sugar and tea

a series of costly wars

the requirement that colonists provide housing for troops

Answers

Answer:

The correct answers are:

1. taxes on good such as sugar and tea (sugar act, tea act)

 

2. a series of costly wars (revolutionary war)

 

3. the requirement that colonists provide housing for troops (quartering act)

Let me know if this helps!

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