Question

Explain why it may be more difficult to bring more change in a traditional economy than in a market economy. Include basic characteristics of each (traditional and market) economy and reasons why changing from a traditional to a market economy may be difficult.

Your response should be a paragraph of at least 7-10 sentences.

Answer 1

In a traditional economy they rely on specific beliefs and they stick to them. There fore they may be more old fashioned and because of this less open to trying to convince them to change.