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The Amish folks
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∙ 13y ago
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Who has a traditional economic system?
A traditional economic system would have to be a system based on the tradition of a particular region. that would imply that virtually every country has an economic system that is traditional.
What is a traditionalist-based economic system?
A tradition-based economic system is an economic system where economic decisions are based largely on cusom. The four economic questions are answered according to the traditions of the country. People produce and distribute goods in the ways that have been followed for hundreds of years by their ancestors.
What economic system do the Amish have?
traditional economy, where everything they do is based off of culture and tradition.
What is the economic system based on private ownership investment and profit?
Capitalism is the economic system based on private ownership and profit.
The Songhai economic system were based on?
Nothing
What a economic system?
An economy based on custom or tradition.
Who uses a tradition based economic system?
The Amish people
Who has a traditional economic system?
A traditional economic system would have to be a system based on the tradition of a particular region. that would imply that virtually every country has an economic system that is traditional.
What is a traditionalist-based economic system?
A tradition-based economic system is an economic system where economic decisions are based largely on cusom. The four economic questions are answered according to the traditions of the country. People produce and distribute goods in the ways that have been followed for hundreds of years by their ancestors.
What economic system do the Amish have?
traditional economy, where everything they do is based off of culture and tradition.
How can cooperatives exist in each of the four economic systems?
traditional economic system: this is an economic system based on culture and tradition. E conomy is based on agriculture and hunting.In such a system cooperatives are formed to provide agricultural inputs,educate members on better farming methods and market the members' farm produce since the economy is based on agriculture and hunting.
What is the economic system based on private ownership investment and profit?
Capitalism is the economic system based on private ownership and profit.
What is a economical system?
An economy based on custom or tradition.
What are examples of social capital?
capitalism: an economic system based on private ownership of capital socialism: an economic system based on stateownership of capital
Economic system are based on?
Economic systems are based on the reflection on the values, assumptions and goals of a particular culture.
The Songhai economic system were based on?
Nothing
Which of these describes a market economic system?
Economic decisions are based on supply and demand. A+
