xavihernandez1919 xavihernandez1919
  • 04-02-2021
  • Social Studies
contestada

What is one difference between Market and Traditional economies?

Respuesta :

kalanieberling
kalanieberling kalanieberling
  • 04-02-2021

Answer:

A traditional economy is a system that relies on customs, history, and time-honored beliefs. ... 2  A market economy is a system where the laws of supply and demand direct the production of goods and services. A command economy is where a central government makes all economic decisions.

Explanation:

Answer Link

Otras preguntas

What is 897.34 rounded to the nearest tenth
Answer the sum correctly
What did factory owners do to prevent unions from Forming? A. They paid off union leaders so they would stay away. B. They had union leaders arrested for no cau
What can the type and spread of agricultural products tell us about the movements of human beings and the nature of their relationship to each other?
I don’t know the answer or how to get it
(8-2•29) divided by 3
Find the measures of the supplementary angles if their difference is equal to 35°
What does a boy who likes to play with stitches do worksheet answers?
a musician would use a metronome in practice to improve their performance of which element of music?
Caulfield, b.m., garrett, m., 2002. functional instability of the ankle: differences in patterns of ankle and knee movement prior to and post landing in a singl