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Traditional economy is the oldest economic system on Earth. In it, members of society lived in accordance with the customs of their ancestors, repeating the economic decisions taken by previous generations. Currently, such an economic system is no longer present in any country, only its elements can be observed in the economic systems of underdeveloped Asian or African countries.
In these types of economies, decisions are generally made by a small group of people who are part of the social peak, usually tribal chiefs. These people rely on the most urgent needs of their people, along with their religious and cultural values, and the immediate availability of resources, to make economic decisions.
During the second battle of bull run,<span> Pope's Union forces tried to commit an invasion to the Southern capital of Richmond failed the operation and were defeated. Soon after their defeat, Pope's scattered Union troops clashed many times with Southern forces led by Major General "Stonewall" Jackson. This is his contribution to history -</span> he successfully <span>outmaneuvered and </span><span>nearly destroyed Union force.</span>
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the declaration of Independence was to get independence from king George the 3rd
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Explanation:
thing to keep in mind that during the early 20th century the economy was global at that point. Therefore, even in the closed off economy of the Soviet Union there were repercussions when the Great Depression hit America on the other side of the globe. Keep in mind that not all of these were negative, either.
For example the Soviet Union benefited from the Great Depression by using surplus labor in western countries for specialists in the growing Soviet Union. The Soviet Union brought in engineers, contractors, and farmers, most from Western countries and a lot from the United States. In Kotkin’s book, Magnet Mountain, he describes that a great number of Americans were brought in to build the Soviet Union’s “Gary, Indiana,” at the time the largest producer of steel in the world. Also, in my own specialization there was a great many of farmers from the United States that were brought in to help develop the plan for “mega-farms” in the Soviet Union. These farms would be larger than even farms in the United States, and they used the specialization of the American farmers to plan and organize these farms using their experience. The ability to hire and move these men to the Soviet Union was likely easier because of the depression, the lack of work these people may have had, and in result made it so the Soviet Union could industrialize at a faster rate, and use American experience to do so.