i just try to known the differentiate between old economy and new economy
Limitations of an old economy are its inability to change to meet modern demands, a lack of diversity, and low output. Old economies are based on systems which are largely forgotten or no longer used.
The North has cattle, wheat, and corn. The North farmed and food to eat. Which the South had cotton, their cash crop.
It made the economy old-fashioned, and not up to date. Therefore, when the Japanese went to war, they were beaten because they had old weapons. After this, the shogun ended the seclusion edict, right as Commodore Perry came to treaty with Japan. He was welcomed, and a treaty was made between the US and Japan.
A traditional economy is where all economic decisions are based on age-old customs.
Latvia is quite a capitalist economy. It has a small welfare state and flat taxes. It is a business friendly and open economy. Compared to continental Europe there are less regulations, but less redistribution of wealth leading to quite high number of poor people. Privatization of old communist industry has mostly been completed.
t are the difference between old and new irrigation method
Old ones are old, and new ones are 13.
There are no differences
age
the prices....
Old ones are old, and new ones are 13.
the old cartoon network is better than the new one
the old things are more important because,you cannot have the new thing without the old......
New B-ball has more improved players while old ball has legendary ballers.
The difference between the old and new phones depend on technology. There are those that use the Symbian operating system while there are those that use the Android Operating System.
Differences between the Old and New Testaments:They were written at very different timesThey were originally written in different languages (Old Testament in Aramaic and Hebrew, New Testament in Greek)The laws of the Old Testament were much more harsh. After the introduction of Christ in the New Testament, forgiveness and grace were a much heavier theme.
The old market was dirty, smelly, small, etc. The new market was clean and orderly.