traditional
Market
traditional
hgh
A.) Traditional economy. :3
The economy that answers the three economic questions—what to produce, how to produce it, and for whom to produce it—using the phrase "do as we always have done" is typically a traditional economy. In a traditional economy, customs, traditions, and established practices dictate production and distribution methods, often relying on agricultural or communal practices. This approach is resistant to change and innovation, prioritizing stability and continuity over adaptation.
traditional
Market
traditional
hgh
A.) Traditional economy. :3
Traditional.
"Always" is an adverb. It answers the question "when."
traditional > <
An absolute value doesn't have 2 answers. It isn't even a question. It's always positive.
China has always had its very own economy, since its existence. However, China began its economic reform in the year of 1978.
no. i hope this answers your question.
As the nation's economic system developed, the economy experienced both ups and downs. This means that as the economy was developing, there were economic booms where the economy was considered 'good' but also falls (or depressions) where times are considered 'bad.' These ups and downs are sometimes, but not always, cyclical when they appear, meaning that a depression will be followed by a length of time when the strength of the economy grows again.