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Who has a traditional economic system?
A traditional economic system would have to be a system based on the tradition of a particular region. that would imply that virtually every country has an economic system that is traditional.
What is the difference between a traditional and market economy?
In a {Traditional Economy}, economic decisions are based on customs handed down from generation to generation. In a {Market Economy} individuals make their own decisions about what to produce how to produce it & for whom to produce it.
What is the economic system in Kazakhstan?
Kazakhstan has a Traditional economy
What is the system of a business in which individuals are free to decide what to produce how to produce it and at what price to sell it?
economic system
What do the three kinds of economic system have in common?
The three primary types of economic systems—traditional, command, and market—share the fundamental objective of allocating resources to meet the needs and wants of society. Each system involves decision-making regarding production, distribution, and consumption, albeit through different mechanisms: tradition and customs in traditional systems, central planning in command systems, and supply and demand in market systems. Moreover, all three systems aim to address the basic economic questions of what to produce, how to produce it, and for whom to produce.
Define traditional system?
it is a system that is traditional
What does traditional system mean?
traditional system
What is traditional file processing environment?
discuss abt traditional fie processing system? discuss abt traditional fie processing system? discuss abt traditional fie processing system? discuss abt traditional fie processing system?
What has the author Dianne L Hope written?
Dianne L. Hope has written: 'The traditional marketing system in Antigua' -- subject(s): Farm produce, Marketing
Who has a traditional economic system?
A traditional economic system would have to be a system based on the tradition of a particular region. that would imply that virtually every country has an economic system that is traditional.
Produce an example of a system of equations?
Produce an example of a system ofequations.
What a traditional economy?
A traditional economy is an economic system where decisions are based on customs, beliefs, or religion within a social community. People work together to produce goods to meet their needs, and share with family. They trade with their community/family with their excess.
What country uses a traditional system of economy?
The country that uses the traditional economy system is Cuba
What is the difference between a traditional and market economy?
In a {Traditional Economy}, economic decisions are based on customs handed down from generation to generation. In a {Market Economy} individuals make their own decisions about what to produce how to produce it & for whom to produce it.
What is a blanket overhead absorption rate?
Blanket overhead absorption rate is the rate used to allocate total overhead costs to number of produce units in traditional accounting system
Traditional public administrtion system?
what is the traditional public administration?
What is the difference between traditional economy and market economy?
In a {Traditional Economy}, economic decisions are based on customs handed down from generation to generation. In a {Market Economy} individuals make their own decisions about what to produce how to produce it & for whom to produce it.
