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Q: Why economic important to individual people?
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Why moral behavior important to an individual?

Morality - defined as individual values and convictions about the scope of application of norms of good conduct - is an important factor in individual behaviour and thus economic outcomes. Such values evolve slowly so they are an important channel through which distant political history can influence current economic performance. Here is new evidence supporting this view.


What are examples of Individual economic agents?

Individual people, firms, businesses, and households are examples of individual economic agents. An economic agent is any entity that makes purchasing, selling, or production decisions that affect an economy, and an independent economic agent makes these decisions independently (as opposed to, for example, a government office or a social movement).


What is an individual's location in the economic sphere referred to as?

Social class is an individual's location in the economic sphere.


Why is it important to observed an individual reaction when communicating with people?

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Why is the study of economic an important exercise?

You study how people behave and how it affects the economy. It is important to know this for a country so it can make u its economic program for the year to come.


How important is the family to the individual?

The answer to this question all depends on the individual. Some people value family a lot more than other people.


What is the economic and social importance of the natural region?

its important as people should know about it


What is the role of marketing to individual nations and social economic systems?

What is role of marketing to individual nation and social economic systems


What did Chinese people believe was more important than the individual?

The Chinese people believed that the family was more important than the indivudual.


What was the most important prevalent economic activity of the people on the Arabian peninsula?

I presume the answer is agriculture.


What is economic environment?

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Economic analysis that derives from economic principles about an individual behaves or institutions act is called?

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