Economics have limited applicability to non-state societies

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Reference no: EM13514549

Why do theories derived from economics have limited applicability to non-state societies? PLEASE STATE WHY

a.) the emphasis is on profit maximization and market exchange is inappropriate for non-state societies

b.) People in non-state societies do not understand capitalist market theory

c.) the economic systems of non-state societies are not well-developed

d.) non-state societies do not have an economic system

Reference no: EM13514549

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