138k views
14 votes
What is the difference between old and new institutional economics​

User ZippyV
by
8.1k points

1 Answer

10 votes

Answer:

old economy differs from new economy in the sense that it relies on traditional methods of doing business rather than play everything new cutting-edge technology traditional economy dates back to the Industrial Revolution,

Step-by-step explanation:

basically revolves around producing Goods as opposed to exchanging of new information

User Ironmaurus
by
8.7k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.