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Is not a characteristic of the new traditional economic system?
A characteristic that is not associated with the new traditional economic system is a heavy reliance on centralized planning and control. Unlike traditional economies that often emphasize community-based decision-making and local resource management, the new traditional economic system typically integrates modern practices while maintaining cultural values, promoting sustainability, and encouraging decentralized, market-driven approaches. This allows for flexibility and adaptability in response to contemporary challenges.
A basic characteristic of a command system is that?
A basic characteristic of a command system is that the government owns most economic resources.
What is a basic characteristic of a command system?
The government owns most economic resources with a command system.
Why is the international banking system considered decentralized?
Most political and economic analysts and leaders of public and economic policies will agree that a good part of international banking is decentralized. This is because of the large number of international banking organizations are so numerous. As new economic powers emerge, more diversity is created and new markets as well. No one country or banking system can control the world's economy. It's too diverse. Thus international banking, commerce and other financial organizations are decentralized.
Should rights be a characteristic of an economic system?
Yes, at least basic honesty. Profiting by deciet and misreprpresentation is wrong.
Is not a characteristic of the new traditional economic system?
A characteristic that is not associated with the new traditional economic system is a heavy reliance on centralized planning and control. Unlike traditional economies that often emphasize community-based decision-making and local resource management, the new traditional economic system typically integrates modern practices while maintaining cultural values, promoting sustainability, and encouraging decentralized, market-driven approaches. This allows for flexibility and adaptability in response to contemporary challenges.
A basic characteristic of a command system is that?
A basic characteristic of a command system is that the government owns most economic resources.
What is a basic characteristic of a command system?
The government owns most economic resources with a command system.
Why is the international banking system considered decentralized?
Most political and economic analysts and leaders of public and economic policies will agree that a good part of international banking is decentralized. This is because of the large number of international banking organizations are so numerous. As new economic powers emerge, more diversity is created and new markets as well. No one country or banking system can control the world's economy. It's too diverse. Thus international banking, commerce and other financial organizations are decentralized.
The feudal system in both medieval Europe and early japan were characterized by?
A decentralized politcal system
What is the difference between a centralized and decentralized Payroll System?
between centralized and decentralized payroll
What was the economic characteristic of the colony of New Hampshire?
A economic characteristic of New Hampshire is rich soil.
Should rights be a characteristic of an economic system?
Yes, at least basic honesty. Profiting by deciet and misreprpresentation is wrong.
The private ownership of property resources and use of prices to direct and coordinate economic activity is characteristic of?
a Market System
Around 1000 AD the characteristic form of economic and social organization in northwestern Europe was the system?
Free market
The private ownership of property resources and use of prices to direct and coordinate economic activity is characteristic of..........?
A market system.
The economic system in which the government is in almost complete control of the economic activity is called?
State capitalism. Not Communism, which has no government and no wages system.
