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Having these alliances can sometimes help or harm the economy. It will depend on if the alliances are working towards their own interests or in helping the consumers.

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Q: What are the causes and implications of tribal alliances in an economy?
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Who controls the traditional economy?

Traditional economies are usually run at a tribal level, so the TRIBAL CHIEFTAIN has the most power.


Which countries dont have a mixed economy?

There isn't a national economy that is totally capitalist or totally command economy. Every economy leans to one or the other. The only examples that would differ would be tribal economies. The USA is regarded as the most capitalist economy but there are many elements of a 'command' ie. Federal Reserve, government intervention in the markets etc. Cuba could be regarded as the most command economy, but the free market infiltrates.


How is subsistence farming different from commercial farming?

The subsistence farming is practiced to fulfill the basic food requirements of farmer's family where as commercial farming include to earn more after selling the final products of cultivated crops.We can find subsistence farming pattern in remote and tribal areas where the economy level of farmers is very low as well as resources are very limited.


What are the economic activities of the Amazon basin?

they practise slash and burn and this basin is a tribal basin with approximately 400 tribes.


Major difference between planned economy and mixed economy?

There is no commonality at all between a traditional economic system and a planned economic system other than the basic components of an economic systems (e.g. there are goods and services that are bought and sold).A traditional economy has no centralized or efficient means of production. People produce things locally, using handiwork and personal skill to make products. These products are usually unique and have a low-level distribution. Because of the small amount of products made in a traditional economy, most people lack a significant number of necessities. Traditional economies prevailed in pre-medieval societies, such as Ancient Egypt or Tribal Africa and Papua New Guinea.A planned economy is regulated by a central body that coordinates production across the country. This means of production is industrialized and relatively efficient in production speed. Because production is centralized and controlled by the government, production is incommensurate with market demand. As a result, there are often surpluses and deficits of products and services in a planned economy. Additionally, the national-level coordination of production often leads to regional redistribution and many more links in the distribution chain. Finally, the national coordination typically leads to minimal innovation and distinctiveness between products.

Related questions

How did plantation farming the tribal economy?

dono


What are the release dates for The Oregon Story Tribal Economy - 2001 TV?

The Oregon Story Tribal Economy - 2001 TV was released on: USA: 2001 (Oregon)


Who controls the traditional economy?

Traditional economies are usually run at a tribal level, so the TRIBAL CHIEFTAIN has the most power.


What issue caused rivalries among American Indian groups before Europeans arrived?

Competition over resources (hunting grounds etc.) and tribal alliances.


What issues caused rivalries among American Indians groups before the europeans arrived?

Competition over resources (hunting grounds etc.) and tribal alliances.


Which of the following revolutionized early Native American cultures discovery of huntung tribal political alliances emergance of a written language domestication of the horse?

emergance of a written languague


What has the author William Watson written?

William Watson has written: 'Tribal cohesion in a money economy' -- subject(s): Mambwe (African people), Social conditions, Tribes and tribal system


How did indian resist british rule?

Some tribes, in fact became British allies. Others joined with the French. Some of the alliances were based on old tribal conflicts. "The enemy of my enemy is my friend."


What are the type of economics?

There are command economies, which you would find in a dictatorship or true monarchy, free economies, which you would find in Democracies or Republics, there is the mixed economy, Which is what we have, and finally there is the traditional economy which describes tribal and agricultural economies.


Which countries dont have a mixed economy?

There isn't a national economy that is totally capitalist or totally command economy. Every economy leans to one or the other. The only examples that would differ would be tribal economies. The USA is regarded as the most capitalist economy but there are many elements of a 'command' ie. Federal Reserve, government intervention in the markets etc. Cuba could be regarded as the most command economy, but the free market infiltrates.


What are causes of social stratification in Ghana?

Social stratification in Ghana is influenced by factors such as historical inequalities stemming from colonization, unequal distribution of wealth and resources, ethnic diversity and identity leading to tensions, as well as educational and occupational opportunities that are not equally accessible to all members of society. These factors contribute to the formation and perpetuation of social classes and hierarchies in Ghana.


What did Muhammad do that got attention?

After his covert move to Medina, Muhammad formed alliances through marriage, eventually having nine wives. He began to be noticed for his success in battle, and tribal leaders from across the Arabian peninsula began to take notice and support him.