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What is the type of economy where distribution and production are based on tradition?
Wiki User
∙ 11y ago
This is sometimes called a "tradition-based economy."
Wiki User
∙ 15y ago
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What was the Cuban economy based on the production of?
The Cuban economy was based on the production of sugar.
Market Economy Countries?
The countries that use a market economy are the United State, Western Europe, and Western Germany. A market economy is an economy in which decisions regarding investment, production and distribution are based on supply and demand.
What is a market economy based on?
A market economy is an economy in which decisions regarding investment, production and distribution are based on market determined supply and demand. Prices of goods and services are determined in a free priced system
The Cuban economy was based upon the production of?
sugar
What was the Cuban economy production based from?
sugar
What was the Cuban economy based on the production of?
The Cuban economy was based on the production of sugar.
Market Economy Countries?
The countries that use a market economy are the United State, Western Europe, and Western Germany. A market economy is an economy in which decisions regarding investment, production and distribution are based on supply and demand.
What a economic system?
An economy based on custom or tradition.
What is a economical system?
An economy based on custom or tradition.
What is a market economy based on?
A market economy is an economy in which decisions regarding investment, production and distribution are based on market determined supply and demand. Prices of goods and services are determined in a free priced system
What was the Cuban economy production based from?
sugar
The Cuban economy was based upon the production of?
sugar
What production is the current US economy is based primarily?
Services.
Where is World Events Production based?
World Events Production is based in St. Louise, Missouri. It is a company that works in production and distribution of animation. It was founded in 1989 by Ted Koplar.
What is the US economy based on?
what is Canada's economy absed on
What country has an economy based mostly on the production and sale of energy?
Iran
What is a collective economy?
A collective economy is an economic system where ownership of resources and the means of production is shared or collectively controlled by a group of individuals or the community as a whole. In this system, decision-making and distribution of goods and services are often based on principles of cooperation and mutual benefit rather than individual profit.
