Multiple choice

What is the concrete fusion of the economic system with the other sub-systems of society, called?

  1. Non-economic social structure

  2. The crumbling and shrinking of economu

  3. Embeddedness of the economy

  4. Economic production of some kind
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Embeddedness is a concept popularized by Karl Polanyi, referring to the way economic activity is constrained by non-economic institutions and social relations.

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