Why might it be more difficult to bring more change in a traditional economy than in a market economy?

Answers

Answer 1

Answer:

A traditional economy is long-established, so it's a lot harder to change it.

Explanation:


Related Questions

Topic: How should governments balance personal freedoms and security?

Answers

Answer:

it is possible to balance individual rights and personal freedoms with social control and respect for legitimate authority because: Individual rights are the rights that are guaranteed to all American Citizens from the U.S. Constitution, especially the Bill of Rights.

it is possible to balance individual rights and
personal freedoms with social control and
respect for legitimate authority because:
Individual rights are the rights that are
guaranteed to all American Citizens from the U.S.
Constitution, especially the Bill of Rights.

Which of the following statements BEST represents the Federalists' approach to the Constitution?

A
They wanted the Constitution to give more power to the voice of the people.
B
The wanted the Constitution to include laws that would lower taxes.
C
They wanted the Constitution to include a Bill of Rights.
D
They wanted the Constitution to give more control to the U.S. government.Which of the following statements BEST represents the Federalists' approach to the Constitution?

Answers

The statement that best represented the federalist's approach toward the US Constitution is to provide more control to the US government.

Option D is the correct answer.

What is the meaning of a constitution?

The constitution is a book that defines the duties of the government towards the country and state. It also specifies the fundamental rights of the citizens of the country.

The federalists want to divide the powers between three tiers of the US government so that the rights of the US citizens are protected. The three tiers are the legislative branch, the executive branch, and the judicial branch. The legislative branch makes the laws for the US country, the executive branch is accountable for implementing them, and the judicial branch would check whether the laws are abided by the people of the country or not.

Therefore, the US constitution allows more power to the branches of the US government.

Learn more about the US constitution in the related link:

https://brainly.com/question/23247593

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In many countries, one of the roles of the central bank is to provide loans to distressed financial institutions. What is the term for this?
- liquidity resource
- source of ultimate credit
- provider of fiduciary insurance
- lender of last resort
- bailout bank

Another potential role of central banks is to foster confidence in the banking system by making sure that people can retrieve their money even if a bank goes bankrupt. What is the term for this?
- banking promise
- deposit guarantee
- financially distressed institution clause
- deposit insurance

Answers

(1) Providing loans to distressed financial institutions is called: Lender of last resort

A lender of last resort is a lender that provides loans (usually short‑term) to banks in times of financial distress or crisis.

(2) Role of central bank in ensuring people can retrieve money from bankrupt bank is called: Deposit Insurance

Deposit insurance is an insurance system that protects depositors so that they do not lose their money if a bank fails.

If a person appeals the verdict of their court case, they are asking for the:
President of the United States to pardon them.
jury to reverse their decision.
case to be reviewed by a higher court.
judge to overturn the jury's verdict.
case to be reviewed by Congress.

Answers

Answer:

this is true they are asking for forgiveness

Answer:

. President of the United States to pardon them.

Explanation:

I think thats it

According to Adam Smith, what is one way competition between producers benefit the
consumer?

Answers

Answer:

lowering their prices or introducing new products

Explanation:

Why is good soil considered a valuable resource in the Midwest?

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Answer:

Because it is good for growing crops which leads to food for the population.

Explanation:

What was one effect of Latin American tariffs on imports from other countries during the Great Depression?

Imports in Latin America increased.
Exports from Latin American increased.
Manufacturing in Latin America increased.
Unemployment in Latin America increased.

Answers

Answer:

The reduced foreign demand for Latin American goods caused gold and foreign exchange to flow out of Latin America faster than they came in. Thus, internal deflation added to the impact of the collapse of exports. The collapse of exports led to a great fall in employment.

Explanation:

maybe this will help

Why did Republicans press for a constitutional amendment rather than a law to end slavery?
A)A constitutional amendment was easier to pass than an act of legislation.
B)There was no way for Congress to pass an act of legislation abolishing slavery.
C)They wanted to ensure a permanent end to slavery by making emancipation part of the Constitution.
D)They wanted the support of southern Democrats who favored the end of slavery.

Answers

Answer: D. They wanted the support of southern Democrats who favored the end of slavery.

Answer:

C

Explanation:

They wanted to make sure that this was a permanet solution and not somthing that the southern democrats could undo esaily.

Which statement best summarizes the evolution of US political parties? A. Two political factions began with Thomas Jefferson's presidency, but official political parties didn't begin until the late-1800s. B. Two early political factions developed into political parties in John Adams' presidency, but official parties didn't begin until the early-1800s. C. President John Adams headed the first official political party and there have been two parties since that time. D. President Washington headed the first official political party and there have been two parties since that time.

Answers

Answer:

C

Explanation:

Who does the United Nation represent ?

Answers

Answer:

The United Nations is an international governing body formed in 1945 to increase political and economic cooperation among its member countries.

Explanation: The U.N. grew out of the League of Nations following World War II; now, nearly every country in the world is a member. It has five principal component parts, including the U.N.

:)

Which figures have the same area but different perimeters?

A) A and B

B) A and C

C) B and C

Answers

you should know this already but its...........................................................................................................................................................................................................................................................................................................................a

Explanation:

what happens when you board an object in a very short way

Answers

Answer:

what are you asking?

Explanation:

Which geographic features covered most of Madagascar for much of its
history but have now mostly disappeared?
O A. Deserts
O B. Velds
O C. Glaciers
D. Rain forests
SUBMIT

Answers

Answer:

The answer is :(B)

Explanation:

Answer: D Rain forest

Explanation:

I took the test :D

How did Southern Illinois help the Union war effort?

Answers

Answer:

Illinois was a major source of troops for the Union, and it also provided military supplies, food, and clothing.

Explanation:

Where do most Australians live?

Your answer:

The coast


The outback


Tasmania


The Great Dividing Range

Answers

Answer:

I belive it is the cost ( researched)

what are the functions of industry​

Answers

Answer:

Industry, broadly speaking, is the social institution whose role it is to produce and service the products which man requires for satisfying his material needs.

Purpose and Functions.

The Industrial Relations Commission conciliates and arbitrates to resolve industrial disputes, sets conditions of employment and fixes wages and salaries by making industrial awards, approves enterprise agreements and decides claims of unfair dismissal

Human Resource Department is an integral part of any organization.

Also, the Human Resource Manager (HRM) is a member of the management. Four basic functions of Human Resource Management are Planning, Directing, Controlling and Organizing.

Answer:

- Development of industries in the district.

- Registration and licensing of new industrial undertakings.

- Acquisition of land for industrial purpose.

- Development of Industrial area.

- State's participation in Private sector undertakings.

- Industrial survey.

- Creation and maintenance of Industrial Estates.

Explanation:


How would you describe the
geography of Venezuela? *

A. rivers and flat land

B. fertile land, beaches, lagoons , and highlands

C. dense forests.

Answers

The answer to your question is B.

HELLLLLP ME PLEEEASE ( i have a broken leg and missed a month of school)
Which problems did African nations face in the decades following independence?

Answers

Answer: D

Explanation:

because they prided themselves on bringing civilization and developing Africa.

how can a hight amount of human right violations lead to a negative impact on the community​

Answers

Answer: The consequences of repression and resistance include the physical toll taken by torture and other forms of severe ill treatment.

Explanation:

The new chairman of the Ionian Central Bank (ICB) is preparing for her first board meeting. She is expected to recommend a monetary policy for the board to pursue. She decides to use the Taylor rule, which was originally developed for the U.S. Federal Reserve.

Ionia's potential GDP is 100 million drachma, but current GDP is 102 million . What is Ionia's output gap?
Ionia's output gap: ______________%

Inflation is running at 6%, but the chairman considers an inflation rate of 3% to be a reasonable goal. What is Ionia's inflation gap?
Ionia's inflation gap: ______________%

The Taylor rule helps the chairman to determine the target
- fed funds rate.
- discount rate.
- inflation rate.

Calculate this target rate for Ionia, according to the Taylor rule.
target rate: ______________%

The current rate is 4%, so the chairman recommends
- buying securities.
- selling securities.

Answers

Answer:

Ionia's output gap: 2%
Ionia's inflation gap: 3%
- fed funds rate
target rate: 10.5%
- selling securities

Explanation:

The Taylor rule was developed as a simple way for the Federal Reserve to determine the appropriate federal funds rate target. The federal funds rate is the interest rate one bank charges another for overnight loans. The rate the Fed charges for last resort loans is the discount rate.

    federal funds rate target = 2 + inflation + (0.5 × inflation gap) + (0.5 × output gap)

Start by calculating the gaps. Be sure to subtract the target value from the current value. The GDP gap will be stated as a percentage of potential GDP.

output gap = current GDP − potential GDP / potential GDP
    =102 million − 100 million / 100 million
    =2 million / 100 million
    =0.02
    =2%

inflation gap = current inflation − inflation target
    =6% − 3%
    =3%

Now, use these gap numbers in the full equation.

federal funds rate = 2 + inflation + (0.5 × inflation gap) + (0.5 × output gap)
    = 2 + 6 + (0.5 × 3) + (0.5 × 2)
    = 10.5

The current federal funds rate is 4%, so the central bank needs to bring the rate up to 10.5%, which can be done by selling Treasury securities. This will lower the price of securities and pull the interest rate up.

how did slavery VS abolition lead up to the war?

Answers

Explanation:

Abolitionist grew more strident in their demands, and slave owners entrenched in response, fueling regional divisiveness.

According to the permanent income hypothesis, which situations would result in an immediate increase in consumer spending, which would result in an immediate decrease in consumer spending, and which would result in no change in consumer spending?

i. A new technology is discovered that promises an increase in cheap computing power in the future. As a result, expected income rises. Consumer spending will ______________.
ii. Firms announce that they expect more layoffs next year than were previously anticipated. Expectations for the rest of this year, however, do not change. Consumer spending will ______________.
iii. The government unexpectedly gives each person in the economy an extra $1,000 tax refund. However, everyone in the economy expects that exactly this amount, in present value, will have to be paid back in the future in the form of taxes. Consumer spending will ______________.
iv. Researchers announce that they anticipate a breakthrough in the effectiveness of training for low‑skill workers within the next decade. The new training method will allow these low‑skill workers to quickly and cheaply acquire valuable skills that will then place them in better‑paying jobs. Consumer spending will ______________.

WORD BANK:
- immediately increase
- immediately decrease
- not change

Answers

i. Immediately increase
ii. Immediately decrease
iii. Not change
iv. Immediately increase

What must happen before high quality and high paying jobs can exist?

Answers

Answer:

I think it's union, I don't know tho.

Name 3 ways to be a good citizen:
1.

2.

3.

Answers

Here are some 3 ways to be a good citizen:

1. Follow the laws.

2. Report any criminal activity.

3. Love your country and your government.

ILL GIVE BRAINLIST




Based on Wilson's quote, which best explains why the
United States entered World War I?
O The US continued to believe in neutrality but could
not stand by while its businesses suffered.
O The US continued to believe in neutrality but could
not stand by while its allies were defeated.
O The US feared continued aggression by the Central
Powers would hurt Americans.
O The US feared continued aggression by the Allied
Powers would hurt Americans.

Answers

Answer:

c the correct answer is C

What type of trade barrier did the United States use on South Africa and why?

Answers

Answer:

Tariffs & NTB's U.S. companies have cited protective tariffs as a barrier to trade in South Africa.

21. What is a republic? [1

Answers

A republic is a type of government that has no king, queen, or other monarch and where the people are sovereign.

Answer:

Bassicly its a state in which supreme power is held by the people and their elected representatives, and which has an elected or nominated president rather than a monarch.

Explanation:

C:

~Chiena

States and cities get money from the _____________ on products that people buy.

A) property taxes
B) sales tax
C) income tax

Answers

Answer:

Explanation:

B

Suppose legislatures announce a tax cut. Please shift the appropriate curve or curves to illustrate the result of this policy.

Answers

Answer:

*see image*

Explanation:

Aggregate demand spending is composed of four components: consumption (C), investment (I), government (G), and the difference of a country's exports and imports (X − M). If a tax cut occurs, this increases C, leading to a rightward shift of the aggregate demand curve. Long‑run aggregate supply and short‑run aggregate supply will not be affected.

An economy is in equilibrium when AD=AS=LRAS.In this economy AS=AS but is not equal to LRAS. When government increases it's spending the aggregate demand rises because government spending is a part of AD, so AD will shift to the right.

does federal governments defer to local authorities to make decisions of local concern?

Answers

Answer: Preemption occurs when law at a higher level of government is used to overrule authority at a lower level. State law can be used to preempt local ordinances

Explanation: The U.S. Constitution gives the federal government certain powers and assigns all other powers to the state governments. State governments establish the local governments within their territories and delegate certain powers to them.

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