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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?
- Agrarian economy
- Service economy (correct)
- Experience economy
- Goods-based industrial economy
In the time-starved 1990s, what do parents do with regards to making birthday cakes?
In the time-starved 1990s, what do parents do with regards to making birthday cakes?
- They order cakes from the bakery or grocery store
- They outsource the entire event to businesses (correct)
- They still make the birthday cake from scratch
- They pay Betty Crocker for premixed ingredients
Which economic stage is represented by parents making birthday cakes from scratch using farm commodities?
Which economic stage is represented by parents making birthday cakes from scratch using farm commodities?
- Goods-based industrial economy
- Experience economy
- Agrarian economy (correct)
- Service economy
What is the cost difference between ordering cakes from the bakery or grocery store and making them from scratch?
What is the cost difference between ordering cakes from the bakery or grocery store and making them from scratch?
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Which one of these businesses is mentioned as an example of outsourcing the entire event?
Which one of these businesses is mentioned as an example of outsourcing the entire event?
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