The first step in gradualism is
a. the privatization of larger industrial sectors
b. the phasing out of money-losing enterprises
c. large industrial enterprises quickly finding market-clearing prices
d. the thriving of small-scale capitalism
e. state-owned enterprises running more like businesses to maximize profit
Question 2
In a system of impersonal exchange,
a. bureaucratic ties on the production side are critical
b. the economy benefits from specialization and modern technology
c. inside connections on the consumption side are necessary
d. successful institutional evolution makes no difference
e. there is very little division of labor
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