What is the economic purpose of potlatch

Assignment Help Microeconomics
Reference no: EM13812746

1.) What is the economic purpose of potlatch?

Which is the same as a traditional economy, but what is the economic purpose of it?

2.) How is this purpose achieved?

3.) What common economic practices in modern societies like Canada''s today do you think most closely resembles the potlatch?

Reference no: EM13812746

Questions Cloud

Write a research essay about impact of employees motivation : Write a research essay about Impact of Employees' Motivation on Apple Corporation Productivity.
Companies in unrelated industries : Identify two companies in unrelated industries that use TPM approaches to ensure reliability in the products or services that they sell, and in a 4- to 6-page Microsoft Word document, create a report responding to the following questions:
Usually the flavor of runway incursions : There are five imaginary surfaces that make up an airport's navigable airspace. Most aviation accidents happen in the primary surface, and they are usually the flavor of runway incursions
Explain the use of file input and output in a java program : Getting input from the keyboard and sending output to the screen has limitations. If the amount of input data is large, it is inefficient to type it each time you run a program.
What is the economic purpose of potlatch : What is the economic purpose of potlatch - Which is the same as a traditional economy, but what is the economic purpose of it?
What research methodology did hartman and squires use : What research methodology did Hartman and Squires use
How can organizations better engage stakeholders in their go : How can organizations better engage stakeholders in their governance process? How would stakeholder involvement increase value creation?
Determine the year-to-year percentage annual growth : Determine the year-to-year percentage annual growth in total net sales. Based only on your answers to question #1, do you think the company achieved its sales goal of +10% annual revenue growth in 2009? Determine the target revenue figure, and expl..
Write an essay about starvation : Write an essay about starvation, I want it about starvation percentage, and why did I choose this kind of essay instead off aids, breast cancr, and drug addiction.

Reviews

Write a Review

Microeconomics Questions & Answers

  The free rider problem

Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.

  Failure of the super committee is good thing for economy

Some commentators have argued that the failure of the “Super committee” is good thing for the economy?  Do you agree?

  Case study analysis about optimum resource allocation

Case study analysis about optimum resource allocation: -  Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..

  Fixed cost and vairiable cost

Questions:  :   Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month?  Explain your choice.

  Problem - total cost, average cost, marginal cost

Problem - Total Cost, Average Cost, Marginal Cost: -  Complete the following table of costs for a firm.  (Note: enter the figures in the  MC   column  between  outputs of  0 and 1, 1 and 2, 2 and 3, etc.)

  Oligopoly and demand curve problem

Problem based on Oligopoly and demand curve,  Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?

  Impact of external costs on resource allocation

Explain the impact of external costs and external benefits on resource allocation;  Why are public goods not produced in sufficient quantities by private markets?  Which of the following are examples of public goods (or services)? Delete the incorrec..

  Shifts in demand and movements along the demand curve

Describe the differences between shifts in demand and movements along the demand curve. What are the main factors which can shift the demand curve? Explain why they cause the demand curve to shift. Use examples and draw graphs to support your discuss..

  Article review question

Article Review Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:

  Long-term growth, international trade & globalization

Long-term Growth, International Trade & Globalization:- This question deals with concepts such as long-term growth, international trade and globalization. Questions related to trade deficit, trade surplus, gains from trade, an international trade sce..

  European monetary union (emu) in crisis

"Does the economic bailout of Spain and Greece spell the beginning of the end for the European Monetary Union (EMU)?"

  Development game “settlers of catan”

Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd