Advanced: Countries came a long way from the beginning of time
A traditional economy is described.
A traditional economy is a system in which history traditions, customs and beliefs based in long lasting experience, drive economic choices and activities such as production or distribution. Traditional economies are based on subsistence activities: agriculture, animal husbandry, hunting, fishing, etc. Nowadays this system can be found in developing countries with emerging economies. Traditional economies are considered the starting point of all economies. At some moment, when certain conditions are met, development will be triggered, which means that there will be a transition from this kind of economy to a modern one.
War in iraq was the foreign policy situations did obama inherit when he took over the US presidency.
<h3>What is War?</h3>
This is defined as an intense armed conflict between states and nations like the one in Iraq.
This war was inherited by Barack Obama when he was the President thereby making option C the most appropriate choice.
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Answer:
Student answer will vary and may include hardships from job loss for the workers and their families. Answers should include the idea that as workers at the factory lose their jobs they and their families will reduce their spending. This reduction will hurt other businesses that will then need to lay-off employees, reduce hours, or delay hiring. Those newly affected will, in turn, reduce their spending causing hardship to other businesses in the town.
Explanation: