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An economy based on ritual, habit, or custom is often referred to as a traditional economy. In such systems, economic decisions and practices are guided by longstanding traditions and cultural norms rather than market forces or modern economic principles. This type of economy often relies on subsistence agriculture, barter, and communal sharing, where resources are distributed according to established customs. Such economies are typically found in small, close-knit communities where social cohesion and cultural identity are paramount.
What else can I help you with?
What economic system that relies on habit custom or ritual to decide questions of consumption and production of goods and services?
Traditional Economy
What is the economic system that relies on habit custom or ritual to decide questions of consumption and production of goods and services?
a centrally planned economy
Habit and custom determine economic activities in a?
Traditional Economy
How are economic decisions made in a traditional economy?
they are made by custom and habit
An economic system that relies on habit custom or ritual to decide questions of production and cunsumption of goods and services is?
Should be traditional.
What economic system that relies on habit custom or ritual to decide questions of consumption and production of goods and services?
Traditional Economy
What is the economic system that relies on habit custom or ritual to decide questions of consumption and production of goods and services?
a centrally planned economy
Habit and custom determine economic activities in a?
Traditional Economy
How are economic decisions made in a traditional economy?
they are made by custom and habit
How are economic decisions made in traditional economy?
they are made by custom and habit
An economic system that relies on habit custom or ritual to decide questions of production and cunsumption of goods and services is?
Should be traditional.
What do traditional economies revolve around?
it revolves around the family; rely on habit, custom or ritual. hope this helps <3
What is the difference between custom and habit?
Custom is based on culture, or religious tradition. A habit is personal.Example of a custom would be Christmas in the US.Example of a habit is nail-biting.Addiction..............
Something that it done a certain way for many year?
habit tradition ritual
What is a word which means habit?
Custom, obsession, routine.
What is the adjective form of tradition?
Tradition: noun: Something that is passed on from one generation to another. Synonyms: custom, routine, ritual, practice, habit, beliefs, usage, method, mode, way
How did the people adapt to the place?
physical evolution, change of attitudes and ritual changes of habit.
