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In a traditional economy the economic decisions are largely based on custom. In all centrally planned economies the government makes all important economic decisions.Ê
It all depends on the choices of the citizens,not so much the president.
traditional
Command Economy
A traditional economy is where all economic decisions are based on age-old customs.
In a traditional economy the economic decisions are largely based on custom. In all centrally planned economies the government makes all important economic decisions.Ê
It all depends on the region
obviously because traditional economy shares all there goods and services which is fair and it causes no pollution
I can say with absolute assurance ... yes. I do not have a unifying theory about WHY some people prefer economy or quality, nor have I thought about or have an opinion about whether the choice of economy or quality would apply to ALL the choices a person makes, or whether these choices fall into "groups" of related choices. But I can say with ABSOLUTE assurance ... some people will choose economy, some will choose quality. Personally, I prefer quality, but I'm not everyone. (smile)
It all depends on the choices of the citizens,not so much the president.
traditional
traditional
Command Economy
A traditional economy is where all economic decisions are based on age-old customs.
Four types of markets are institutional, B2B, consumer, and reseller.
Traditional
They have plenty of foods and they all work as a family!