Multiple Choice
The tendency for societies to revert to subsistence economies when the fabric of civilization breaks down is because:
A) Shops cannot operate when there is a risk of looting
B) Uncertainty reinforces the role of the family and family-based production
C) Specialization and the division of labor require an exchange economy which depends upon mutual trust and the rule of law
D) The modern economy requires money which requires a stable national government
Correct Answer:
Verified
Correct Answer:
Verified
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