Describe what progressive economists see as the primary shortcomings of the neoclassical scarcity perspective.
-Why is the context in which individuals make decisions important? How do social and cultural norms play into how individuals make decisions? Give an example of how a social norm may influence an economic decision.

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The Answer of Describe what progressive economists see as the primary shortcomings of the neoclassical scarcity perspective.
-Why is the context in which individuals make decisions important? How do social and cultural norms play into how individuals make decisions? Give an example of how a social norm may influence an economic decision.

Describe What Progressive Economists See as the Primary Shortcomings of the Neoclassical