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  • A Trationalmarket Economy Is When You Have Most Places Selling

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    nandeb2
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    Traditional economy a traditional economy is an economy based on custom and tradition. Command economy an economy where supply and price are regulated by the government rather than market forces. The former Soviet Union was an example of a command economy.

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    A Trationalmarket Economy is When You Have Most Places Selling

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    Traditional economy a traditional economy is an economy based on custom and tradition. Command economy an economy where supply and price are regulated by the government rather than market forces. The former Soviet Union was an example of a command economy.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
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    16 views4 pages

    A Trationalmarket Economy Is When You Have Most Places Selling

    Uploaded by

    nandeb2
    Traditional economy a traditional economy is an economy based on custom and tradition. Command economy an economy where supply and price are regulated by the government rather than market forces. The former Soviet Union was an example of a command economy.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 4

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    A trationalmarket economy is when you have

    most places selling goods in the area


    Traditional Traditional

    economy economy
    A traditional economy In this brand of economy,
    is an economy based on the closeness of the
    custom and tradition. The societal structure
    economic system in which generally ensures that
    resources are allocated by every member of society
    inheritance, has a strong has a purpose and as well,
    social network and is a participatory function in
    based on indigenous society. This brand of
    technology and methods. economics also provides
    Although this type of less of a demand on the
    economy has been resources of the earth
    converted to mixed, because goods are usually
    command, or market only produced if they will
    technologies in many be consumed, hence,
    societies that were once there is a lack of over
    traditionally driven; over consumption and surplus
    400 million people across such as can be found in
    the globe still practice this many other economic
    methodology, as systems.
    researched by the World
    Bank.
    Command economy

    An economy where supply and


    price are regulated by the
    government rather than
    market forces. Government
    planners decide which goods
    and services are produced and
    how they are distributed. The
    former Soviet Union was an
    example of a command
    economy. Also called a centrally
    planned economy.

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