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What type of economy is it where all economic decisions are based on age-old customs?
A traditional economy is where all economic decisions are based on age-old customs.
What economic system are the decisions based on customs?
traditional
In which type of economy are almost all economic decisions based on age-old traditions customs and beliefs with families working together for survival?
Traditional
All economic decisions are based on age-old customs.?
traditional
Because subjective decisions are based on a person's unique values and beliefs economic decisions .?
Economic decisions are based on whether the decision is profitable or not. For instance, businesses make economic decisions about when to hire employees.
What type of economy is it where all economic decisions are based on age-old customs?
A traditional economy is where all economic decisions are based on age-old customs.
In a traditional economic what are the economic decisions based largely on?
Customs and traditions.
What economic system are the decisions based on customs?
traditional
Which type of economy are almost all economic decisions based on age-old traditions customs and beliefs with families working together for survival?
Traditional
In which type of economy are almost all economic decisions based on age-old traditions customs and beliefs with families working together for survival?
Traditional
All economic decisions are based on age-old customs.?
traditional
Because subjective decisions are based on a person's unique values and beliefs economic decisions .?
Economic decisions are based on whether the decision is profitable or not. For instance, businesses make economic decisions about when to hire employees.
Because subjective decisions are based on a persons unique values and beliefs economic decisions are based on what?
vary from person to person
In a traditional economy what are the economic decisions based largely on?
In a traditional economy the economic decisions are largely based on custom. In all centrally planned economies the government makes all important economic decisions.Ê
Because subjective decisions are based on a person's unique values and beliefs economic decisions they will what?
vary from person to personVary from one person to another.
What type of economy best fits this description All economic decisions are based on age-old customs.?
Traditional
What a traditional economy?
A traditional economy is an economic system where decisions are based on customs, beliefs, or religion within a social community. People work together to produce goods to meet their needs, and share with family. They trade with their community/family with their excess.
