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1) Which differences and which similarities do you see between the 'old' traditional economy and the 'new' network economy?

Are these economies mutually exclusive or are they mutually beneficial?

State the reasons for your answer.

2) Which one of the 3 players in any economical system (government, producers, consumers) is leading in the 'old' traditional economy and which one is leading in the 'new' network economy?

Please explain why you select a particular player and not one of the other two players - using economic concepts in your explanation.

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  • Category:- Business Economics
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