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

The tendency to view one's own group as the standard against which all other groups should be measured or judged is called _____.
when in 1915 Italy threw in her fate with that of the Allies, how many cries of admiration, how many promises were heard? But after the common victory, which co
In the figure, if m∠ABD = 120º, then m∠ADC = ___
__ is one element that has properties of both metal and nonmetal A. krypton B. phosphorous C. rubidium D. arsenic
How many cubic blocks of side length 1/6 inch would it take to fill a cube with a side length of 2/6 inch
In humans, the number of tetrads formed during mitosis is ______.
Phagocytosis is to eating as pinocytosis is to
Does a wizard function allow the user to enter or modify data in the records? select yes or no
The blank system works with th circulatory system to add oxygen to the black of and remove carbon dioxide from body
The primary function of basal transcription factors is to