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What country is the least likely to have people using a traditional economy?
Kenya
Which country is least likely to have people using traditional economy Japan or Nigeria?
Japan is least likely to have people using a traditional economy compared to Nigeria. Japan has a highly developed and industrialized economy, characterized by advanced technology and a focus on manufacturing and services. In contrast, Nigeria has a significant portion of its population engaged in traditional agricultural practices and subsistence farming, reflecting aspects of a traditional economy. Thus, traditional economic practices are more prevalent in Nigeria than in Japan.
In which type of economy do people not use money?
Traditional economy
Which of these is not true of a traditional economy?
people in traditional econmies accept change easily
This economy was especially strong when most people were farmers?
Traditional
An economy where most people spend their time growing crops or herding animals is called a?
traditional economy
An economy where most people spend their time growing crops or herding animals is called?
Traditional economy
What is the level competition in a traditional economy?
In a traditional economy, people rely on barter or the exchange of one good for another good. In such an economy, the competition is any other valuable product that someone has to offer a dealer to rival what you have to offer.
Who makes decisions in the traditional economy?
In a traditional economy, the decision to make certain products is decided by the people, but designed around traditions, customs, and beliefs.
Are people traditional in Canada?
Canadian people are likely to be historical
What is trditional econimes?
A traditional economy is an economy based on the people's traditions. For example, if my dad was a blacksmith, I would be one too.
When does the economy get bad?
The economy only gets bad when a country's population shrinks, and elderly people stop working. If elderly people still work in a country with a declining population, it doesn't affects the economy.
