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It is often found in democratic countries.
yes
An underdeveloped economy in which communities use primitive tools and methods to harvest and hunt for food, often resulting in little economic growth. Traditional economies are often found in rural regions with high levels of subsistence farming. Countries that evolve their economies past the traditional level often develop into market economies or command economies.
India and it's caste system. You are born into a certain realm of career choices and a distinct class and lifestyle. Traditional economies exist also (at the most fundemental level) in rural areas dependant upon subsistence farming and the community. Examples of this would be rural Brazil, if your father was a farmer, you are a farmer, if your father raised cattle, you raise cattle. On the other hand, if your father was "mayor" (or the equivalent), hey, you're mayor.
There is no way to know what the top ten largest economies will be in 2050. This because economies are constantly changing daily. Also, major world events often cause major shifts in world economies which could influence who will have a larger economy.
It is often found in democratic countries.
yes
becomes unstable
becomes unstable
becomes unstable
An underdeveloped economy in which communities use primitive tools and methods to harvest and hunt for food, often resulting in little economic growth. Traditional economies are often found in rural regions with high levels of subsistence farming. Countries that evolve their economies past the traditional level often develop into market economies or command economies.
An underdeveloped economy in which communities use primitive tools and methods to harvest and hunt for food, often resulting in little economic growth. Traditional economies are often found in rural regions with high levels of subsistence farming. Countries that evolve their economies past the traditional level often develop into market economies or command economies.
Jesus
There are two types of economic system that follows the command economy; Communism: Government owns and operates all sources of productions, such as labor, capital, entrepreneurs, natural resource and information system. Ex: North Korea. Socialism: Government owns and operates only selected major industries. Such as China, and some Asian countries.
Countries with a mixed economy include Iceland, Sweden, France, the United Kingdom, the United States, Russia and China. These countries have a mix of government spending and free-market systems based on the share of government spending as a percentage of gross domestic product.
Foreign companies often controlled the economies of Latin American countries
Libya North Korea Cuba Saudi Arabia Mynamar