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ArbitrLikvidat [17]
3 years ago
10

What are some of the reasons that a traditional economy can lead to the economic stagnation?

History
2 answers:
eduard3 years ago
4 0
Because traditional economies are characterized as being primarily agricultural, they are prone to stagnation since they rely heavily on weather, which can be unpredictable and pragmatic.
dangina [55]3 years ago
4 0

I believe the answer is: It tends to discourage new ideas & new ways of doing things, it leads to lack of progress

Traditional economy often very reliant on culture and heavily criticise new methods or inventions that creative people try to implement.

When a region with traditional economy compete with region with modern economy compete, region with traditional economy often unable to beat their competitors in terms of output, complexity , and time efficiency.

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08.06 Reconstruction—Reconstruction Chart
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The Examples are:

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<h3>What is the effect of the Economic Change in the Reconstruction era?</h3>

The type of change that had the most impact on Southern life is said to be the political change as the Civil War altered the political system of the South.

Social change faced faced the most challenges and Southerners were against this type of change because it brought an end to their slave labor.

The abolishment of Slavery brought about payment of wages to get workers and this lead to a decrease in terms of profit.

A Social Changes in this era also was  Racial segregation served as a replacement for replaced slavery in the South and also Black codes enacted as well as “Jim Crow”.

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2 years ago
A strategy President Truman and his advisers considered to end World War II was
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4 years ago
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Explanation:

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