Podcast
Questions and Answers
Which stage of economic progress is represented by parents ordering cakes from the bakery or grocery store?
Which stage of economic progress is represented by parents ordering cakes from the bakery or grocery store?
- Goods-based industrial economy
- Experience economy
- Agrarian economy
- Service economy (correct)
In the time-starved 1990s, parents neither make the birthday cake nor even throw the party. Instead, they spend $100 or more to 'outsource' the entire event to which businesses?
In the time-starved 1990s, parents neither make the birthday cake nor even throw the party. Instead, they spend $100 or more to 'outsource' the entire event to which businesses?
- The Mining Company
- Betty Crocker
- Discovery Zone
- Chuck E. Cheese's (correct)
Which stage of economic progress is represented by mothers making birthday cakes from scratch using farm commodities?
Which stage of economic progress is represented by mothers making birthday cakes from scratch using farm commodities?
- Service economy
- Goods-based industrial economy
- Experience economy
- Agrarian economy (correct)
In which stage of economic progress did moms pay a dollar or two to Betty Crocker for premixed ingredients?
In which stage of economic progress did moms pay a dollar or two to Betty Crocker for premixed ingredients?
What is the cost difference between ordering cakes from the bakery or grocery store and using premixed ingredients in the goods-based industrial economy?
What is the cost difference between ordering cakes from the bakery or grocery store and using premixed ingredients in the goods-based industrial economy?
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