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According to freakonomics based on chapter 3 answer the questions below.

1. Explain how did the invention of crack cocaine transform the urban street gang?

2. As per the data cited in this chapter, civil rights laws and a shift in the attitudes in the United States regarding race helped to improve the status of black society. How did crack cocaine alter that progress?

3. Based on the examples in this chapter, what does the invention of better and cheaper production methods do to the price and sales of a good or service?

 

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M9224544

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