xavihernandez1919 xavihernandez1919
  • 04-02-2021
  • Social Studies
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What is one difference between Market and Traditional economies?

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kalanieberling
kalanieberling kalanieberling
  • 04-02-2021

Answer:

A traditional economy is a system that relies on customs, history, and time-honored beliefs. ... 2  A market economy is a system where the laws of supply and demand direct the production of goods and services. A command economy is where a central government makes all economic decisions.

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