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 changes in england helped motivate colonists to settle in north america
What is the simplest form of 144:132
how did the French and Indian war draw the colonist closer together but increase friction with Britain
name all sets of numbers for 7.2
my number has 2 hundreds the tens digit is 9 more than the ones digit
isaiash puts a 10 gram weight on a pan balance. how many 1gram weights does he need to balance the scale?
How do you determine the half-life of a radioactive parent isotope based on a decay curve?
Identify the correct sentence. a. ​"I'll meet you at the​ library," mickey said. b. ​"I'll meet you at the​ library," Mickey said. c. ​"I'll meet you at the​
is it true or false When the General Court was first created, towns had the right to send their own representatives to the General Court.
Find the value of d so the line that passes through (a,b) and (c,d) has a slope of 1/2.