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Why do you think traditional economies are most common in isolated places in Asia and Africa?
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Who owns the factors of production in a traditional economy?
The question is nonsensical. The factors of production require the existence of a consistent production, but this does not exist in a traditional economic system. All things that are produced are produced using common materials that are available to all and items are only created when they are necessary - not when a factory owner chooses to produce.
What was the common in eastern bloc nations?
Controlled economies were common in eastern bloc countries.
What are two traditional religious practices in West Africa?
One of the most common traditional practice of west Africa is the making of animal sacrifices to appease the gods or ancestors. Performing of religious rituals and singing songs are other practices of west Africa.
What was common in the eastern bloc?
controlled economies
What was common in eastern bloc national?
controlled economies
What do free enterprise have in common with command economies?
no it does not everyone knows that
How do you become a traditional healer?
Depending on the culture, it involves a ritual. There is hardly a place in the world that modern medicine has not touched and in general the traditional healer exists in very isolated locations. The rituals have one thing in common, the people of the culture bestow the blessing of the god they worship upon the healer.
How did the formation of the common market affect the economies of its members?
Unemployment rates doubled.
What is the common cause of the rise of dictatorship?
Dictators promise to improve falling economies
What countries are under command economies?
China, South Korea, Cuba, and Russia are countries that are under command economies. This type of economy is common in a communistic country.
What are three of the common factors that make local economies different?
Competition in the marketplace, advancements in technology, and investments are three common factors that can differ for local economies. These factors influence the growth and the strength of each community.
What was Europe's most common economy?
Most European countries would have market economies.
