A traditional economy is an economy based on custom and tradition.
The main strength is each person has job. There is less crime. There is no over consumption and surplus.
The main weakness is they are poor. There is no innovation or it is not valued.
Easy credit helped hide the weakness in the economy in the 1920's.
Easy credit helped hide the weakness in the economy in the 1920's.
Easy credit helped hide the weakness in the economy in the 1920's.
Kazakhstan has a Traditional economy
Traditional Economy
Easy credit helped hide the weakness in the economy in the 1920's.
Easy credit helped hide the weakness in the economy in the 1920's.
Easy credit helped hide the weakness in the economy in the 1920's.
Easy credit helped hide the weakness in the economy in the 1920's.
Kazakhstan has a Traditional economy
Traditional Economy
A mixed economy is a system that combines characteristics of market, command, and traditional economies. It benefits from the advantages of all three while also experiencing some of the disadvantages.
china is not a traditional economy now. It has emerged as mix economy.
Command economy, market economy, and traditional economy. The United States of America is a Market economy.
Traditional economy has been around since the dawn of man!!!!
The four types of economic systems are the traditional economy, the market economy, the command economy, and the mixed economy. Of these, the traditional economy is the most basic.
A traditional economy.