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A traditional economy is where all economic decisions are based on age-old customs.
King john
Mixed-market is the term that describes an economy with more than one type of economic structure.
People of a complex society work to produce a sustainable food supply, social beliefs, specialized labor, and a workable system of government. They create language, religions, laws, and strive to produce high quality music, art, and literature.
Magna Carta, which means in English 'The Great Charter', is one of the most important documents in British history as it established the principle that everyone is subject to the law, even the king, and guarantees the rights of individuals, the right to justice and the right to a fair trial
When a company produces a small quantity of a product and a large number of people want to purchase the product, the demand will cause the price of the product to go up.
to serve as the executive branch of government
Socialist
In which type of government are the wages of workers decided based upon the amount of effort from each worker?
market
a ruler must consult the executive branch of government
equity
Controlled.
The government oversees the production of goods and services
political science
equality
constituion
Direct democracy or pure democracy is a form of democracy in which people decide on policy initiatives directly.
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