I believe the correct answer would be false. Castes are not an example of an open system. <span> An </span>open system<span> describes a society with mobility between different social classes. In a caste system people are categorized depending on their social status. Hope this answers the question. Have a nice day.</span>
Answer:
Explanation:
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I think the answer is B but I could be wrong
When interest rates increase too quickly, it can cause a chain reaction that affects the domestic economy as well as the global economy. It can create a recession in some cases. If this happens, the government can backtrack the increase, but it can take some time for the economy to recover from the dip.
Answer:
Cultural economics is the branch of economics that studies the relation of culture to economic outcomes. Here, 'culture' is defined by shared beliefs and preferences of respective groups
