Respuesta :
a. based on custom and rituals it is tradition
c. individuals and buisenesses decide what to produce so bacially markey goods and marketing
b. the gov. decides answers to 3 basic questions
c. individuals and buisenesses decide what to produce so bacially markey goods and marketing
b. the gov. decides answers to 3 basic questions
1) Command Economy is the government decides answers to the three basic questions - the government controls all property and resources.
2) In market Economy, individuals and businesses decide what to produce, how to produce and for whom to produce.
3) Traditional Economy is based on custom and rituals - maybe an emerging economy - relies more on barter systems than money.
2) In market Economy, individuals and businesses decide what to produce, how to produce and for whom to produce.
3) Traditional Economy is based on custom and rituals - maybe an emerging economy - relies more on barter systems than money.