Transitioning between systems can be challenging from "summary" of Comparative Economic Systems by Richard L. Carson
Moving from one economic system to another is no easy feat. The process of transitioning between systems can be riddled with challenges and obstacles that can hinder progress and disrupt the stability of a country's economy. This transition involves a shift in policies, institutions, and mindset, which can be difficult to implement smoothly and efficiently. One of the main issues that arise during this transition is the resistance to change. Individuals and groups who have benefitted from the previous economic system may resist the new changes and reforms, leading to conflicts and tensions within society. This resistance can slow down the transition process and make it harder to achieve the desired outcomes. Furthermore, transitioning betwe...
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