All of the Following Are Categories of Adopters in the Diffusion

question 135

Multiple Choice

All of the following are categories of adopters in the diffusion process of innovations EXCEPT:

• A) laggards
• B) innovators
• C) early majority
• D) early adopters
• E) doubters

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Definitions:

Trade Problem

Issues or challenges that arise in the process of exchange of goods, services, or both between countries.

High Protective Tariffs

Elevated taxes imposed on imported goods to protect domestic industries from foreign competition.

Frederic Bastiat

A French economist and writer known for his theories on free markets and the unseen economic consequences of government intervention.

Free Trade

An economic policy that allows imports and exports between countries with minimal or no tariffs, quotas, subsidies, or prohibitions to encourage international trade.