How does a traditional economy differ from a market economy?
A) In a traditional system, economic decisions are based on custom.
B) In a market system, the government answers the three basic questions.
C) In a market system, a central authority owns the factors of production.
D) In a traditional system, a great variety of goods and services are available.
Answers: 3
History, 21.06.2019 23:00
The bloodless, or glorious, revolution in 1688 a. encouraged nobles in their quest to recreate a feudal society. b. ended the commonwealth and restored james ii to the throne. c. placed mary and william, both protestants, on the throne. d. restored property rights to those who had lost them as a consequence of the english civil war.
Answers: 3
History, 22.06.2019 05:00
What were some of the ideas that the democratic party emphasized that allowed them to appeal to most white voters?
Answers: 1
History, 22.06.2019 06:00
How did the bourbon democrats feel about the state money and what were some ideas that the democratic party emphasized that allowed them to appeal to voters
Answers: 2
How does a traditional economy differ from a market economy?
A) In a traditional system, economic d...
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