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Mixed and command both are part of the hipo urine family and sell goods with small governmental groups
In a Market Economy the decisions are made by individuals whereas in a Traditional Economy, the decisions are all based on tradition, like what their ancestors had done, religion, and other similar factors. However, they both have a self interested mind-set.
Hope this helped! :)
market economies use price mechanism to sove the prolems of economic choce .mixed economies also do the same facilitated by government interventions .
Traditional is done when you have a brain to use other than going on ask.com and writin this down, boy!!
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Traditional market and command are types of?
economic systems
A capitalist country has which of the following economic systems?
Free-market
Why do the economic systems of other countries have in common with the economic system of the US?
Most countries have similar economic systems, which are a mixture of a free market and government regulation.
What are the four types of economic systems?
The four types of economic systems are mixed, traditional, market and command. The economic systems evolves as different societies places different emphasis on different goals.
What are the four kinds of economic systems?
Traditional, Command, Market, Mixed.
What are Similarities between market and command economic systems?
Hi👙
What are some similarities between mixed and market systems?
they have goods and services
What type of economic systems?
command and market
What is a way of defining economic systems?
One way to define economic systems is to classify them according to whether they are market systems or command systems.
What are similarities between market and traditional economic systems?
In a Market Economy the decisions are made by individuals whereas in a Traditional Economy, the decisions are all based on tradition, like what their ancestors had done, religion, and other similar factors. However, they both have a self interested mind-set. Hope this helped! :)
What are some similarities between market and mixed?
market economies use price mechanism to sove the prolems of economic choce .mixed economies also do the same facilitated by government interventions .
What economic systems has a capital country?
free market
Traditional market and command are types of?
economic systems
A capitalist country has which of the following economic systems?
Free-market
Why do the economic systems of other countries have in common with the economic system of the US?
Most countries have similar economic systems, which are a mixture of a free market and government regulation.
What are the four types of economic systems?
The four types of economic systems are mixed, traditional, market and command. The economic systems evolves as different societies places different emphasis on different goals.
The US economy is a mixture of which two economic systems?
Mixed and market
