why it may be more difficult to bring more change in a traditional economy than in a market economy. When planning your response, include basic characteristics of each (traditional and market) economy and reasons why changing from a traditional to market economy may be difficult. Support your ideas with support from this journey or an outside source. Your response should be a paragraph of at least 7-10 sentences.

why it may be more difficult to bring more change in a traditional economy than in a market economy. When planning your response, include basic characteristics of each (traditional and market) economy and reasons why changing from a traditional to market economy may be difficult. Support your ideas with support from this journey or an outside source. Your response should be a paragraph of at least 7-10 sentences.

Microeconomics: Principles & Policy

14th Edition

ISBN:9781337794992

Author:William J. Baumol, Alan S. Blinder, John L. Solow

Publisher:William J. Baumol, Alan S. Blinder, John L. Solow

Chapter3: The Fundamental Economic Problem: Scarcity And Choice

Section: Chapter Questions

Problem 4DQ

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