In pre-modern societies, status differentiation is widely varied. In some cases it can be quite rigid and class based, such as with the Indian caste<span> system. </span><span>In contrast to modern societies, a person’s lifelong position in most premodern societies was mostly determined by the caste he/she belongs.</span>
Answer:
The Hawthorne Effect
Explanation:
The Hawthorne effect (also referred to as the observer effect) explains that individuals modify an aspect of their behavior in response to their knowledge of being observed. In this study students changed their eating place during the observation period.
1. Embargo - An official ban or trade or other commercial activity with a particular country.
2. Tariff - Tax on imports.
3. Economic growth - The ability of the economy to increase the production of goods and services.
4. Specialization - Workers concentrate on producing those goods and services for which they have a competitive advantage.
5. Currency exchange rate - The price of one country's currency expressed in terms of another country's currency.
6. Quota - Limitation on imports.
7. Voluntary free trade - An ideal feature of a global economy; it is when each party involved in a trade expects to gain from the trade.
8. Trade barriers - Restrictions placed on trade, for example tariffs and quotas.
