A tradition-based economic system is an economic system where economic decisions are based largely on cusom. The four economic questions are answered according to the traditions of the country. People produce and distribute goods in the ways that have been followed for hundreds of years by their ancestors.
traditional economic system command economic system market economic system
traditional economic system command economic system market economic system
There are 3 main economics for economic system which are given below: 1.) Capitalism economic system 2.) Socialism economic system 3.) Mixed economic system .
no ideal economic system
What the Economic system v. political system
traditional economic system command economic system market economic system
traditional economic system command economic system market economic system
There are 3 main economics for economic system which are given below: 1.) Capitalism economic system 2.) Socialism economic system 3.) Mixed economic system .
no ideal economic system
What the Economic system v. political system
Free economic system which is also called capitalist economy Centrally planned economic system which is also called the socialist economy Mixed economic system Military economic system
What is nature of economic system?
Nothing, that don't have an economic system.
mixed economic system
There is no Islamic economic system any more than there is a Hindu economic system.
Not everyone agrees about which economic system best promotes economic equality. Those who advocate for socialism often argue that it's the fairest economic system.
Every country has an economic system