The one that is true of a traditional economy is : B. People produce and consume only the goods they need
In traditional economy, people still haven't been introduced to the concept of money. So all of their day to day activities such as hunting, farming, wood chopping, etc are all being done to feed their own
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<u>Answer:</u>
A laissez-faire government is the one that does not interfere with the economy.
<u>Explanation:</u>
- The French term laissez-faire literally means ‘let do‘. This can be elaborated as the freedom granted by the government to the free market to let it do what it wishes to do.
- In such type of government, the authorities choose not to interfere in the activities of the market so as to allow it to function without any kind of hindrance.
Answer: Cognitive Appraisal Model
Explanation:
Cognitive Appraisal Model is the concept that is developed to evaluate impact of any certain event on any individual in terms of emotion. It observes the aspect of response, interpretation while giving certain outcomes and dealing with the event.
This model can be used in different emotional situation considering factors like various environment, different people,different resources,issues etc which can influence the response.
Answer: When the data set includes one or two very large or very small values
Explanation:
