Author Question: Why do markets need social ties? a. to maintain alliances of kinship and friendship b. to ... (Read 73 times)

lak

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Why do markets need social ties?
 
  a. to maintain alliances of kinship and friendship
  b. to maintain levels of trust necessary to carry out economic transactions
  c. to facilitate repeated transactions
  d. to diminish the influence of random, one-shot transactions on market exchanges

Question 2

Christine works at the high school,is a deacon at her church, a den mother for the Girl Scouts, a Sergeant in the National Guard, and a kickboxing instructor at her gym.
 
  The connection of Christine to other individuals in these groups areher _________.
  a. socialnetworks
  b. socialsolidarity
  c. socialcohesion
  d. social class



dajones82

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Answer to Question 1

b

Answer to Question 2

a



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