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Questions and Answers
what is On-the-ground economic substantivism model entail?
what is On-the-ground economic substantivism model entail?
- How people live in their social, cultural, and natural environment (correct)
- How people make rational decisions on scarce resources to ‘get the best deal’
- Rational, preferences, for maximisation of utility
- People should pick the best option and anything else is an error
what is On-the-ground economic substantivism model entail?
Choices
what is On-the-ground economic substantivism model entail? Choices
- People should pick the best option and anything else is an error
- Substance of the exchange or for us context (correct)
- Neoclassical economics
- People should pick the best option and anything else is an error
what is On-the-ground economic substantivism model entail?
Choices
what is On-the-ground economic substantivism model entail? Choices
- People should pick the best option and anything else is an error
- Substance of the exchange or for us context
- This could be used to explain why people are often irrational, sometimes altruistic, and generally avoid being self-interested (correct)
- How people make rational decisions on scarce resources to ‘get the best deal’
what is On-the-ground economic formalist model entail?
Choices
what is On-the-ground economic formalist model entail? Choices
what is On-the-ground economic formalist model entail?
what is On-the-ground economic formalist model entail?
what is On-the-ground economic formalist model entail?
what is On-the-ground economic formalist model entail?
What is one of the four systems of social properties of living?
What is one of the four systems of social properties of living?
What are some social properties of subsistence living?
What are some social properties of subsistence living?
what are some social properties of a barter economy?
what are some social properties of a barter economy?
what are some social properties of an informal economy?
what are some social properties of an informal economy?
According to the text, what is one reason why the need for money to trade increased?
According to the text, what is one reason why the need for money to trade increased?
According to the text, what is one social change that occurred as people moved to cities and worked for money?
According to the text, what is one social change that occurred as people moved to cities and worked for money?
According to the text, what is one characteristic of the current trading system?
According to the text, what is one characteristic of the current trading system?
According to Simmel, what is one key characteristic of economic behaviors when competing with strangers?
According to Simmel, what is one key characteristic of economic behaviors when competing with strangers?
According to Weber, what are two important factors in economic behaviors?
According to Weber, what are two important factors in economic behaviors?
According to Karl Marx and Friedrich Engels, what do individuals sell in the trading system?
According to Karl Marx and Friedrich Engels, what do individuals sell in the trading system?
According to Polanyi, which three things become buyable through the market?
According to Polanyi, which three things become buyable through the market?
According to the text, who controls 'the economy'?
According to the text, who controls 'the economy'?
What does the bureaucracy organize?
What does the bureaucracy organize?
According to Simmel, what is one key characteristic of economic behaviors when competing with strangers?
According to Simmel, what is one key characteristic of economic behaviors when competing with strangers?
What is one characteristic of the current trading system?
What is one characteristic of the current trading system?
According to Karl Marx and Friedrich Engels, what do individuals sell in the trading system?
According to Karl Marx and Friedrich Engels, what do individuals sell in the trading system?
Which of the following is NOT an effect of money, as described in the text?
Which of the following is NOT an effect of money, as described in the text?
What is one social change that money can bring about?
What is one social change that money can bring about?
Why do people want fewer people in their families when money is involved?
Why do people want fewer people in their families when money is involved?