1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
densk [106]
3 years ago
13

Which basic economic goals can be achieved easily in a traditional economy? Which cannot? Explain.

History
2 answers:
Shkiper50 [21]3 years ago
7 0

An economy known as "traditional" is a system in which traditions, beliefs, and customs are influencing factors in the shaping of goods and services, as well as the way in which these are distributed. Countries which typically adopt this type of system are the ones in which agriculture is the leading or one of the leading industries. Bartering, in other words, the trading of goods and services instead of paying for them with a currency, is predominant in this type of economy. People who participate in this structure do not normally end up with notorius gains as a result of their activities. If there is an excess of the production of a certain good, these would typically be handed to the ruling authority so they can handle in the way they think is most appropiate for society. The basic goals that can be achieved under this system are the ones related to nutrition and access to food. This is a natural consequence of an economy based in agriculture. However, this system does not guarantee by any mean an adecuate access to health services. Therefore, people tend to be exposed to illnesses that could otherwise be easily treated if an adecuate struture of health centers where available. This can also be said about education. Traditional economies tend to lack quality educational services. As a result, labor is normally inefficient. Hindering people from trying to develop more advanced industries which would end up generating more wealth and development. In order for societies living under a traditional economy to evolve, it is crucial for them to address the issue of education.



konstantin123 [22]3 years ago
3 0

According  to Chapter 2: Economic Systems,

Needs are met and wants cannot be met.

You might be interested in
Anyone know this?? The sons and daughters of liberty were organized to do what?
sp2606 [1]
They organised the anual rights of men and women
5 0
3 years ago
this land has a monarchy a king and queen but their power is limited mostly for the ceremony thailand has a parliament that is a
Luba_88 [7]
Thailand has a Constitutional monarchy for its form of government.
4 0
3 years ago
Did kings and emperors have power over the silk road?
liubo4ka [24]

Answer:China had power over the silk road at the time of the later Han.

7 0
3 years ago
Why do Americans value freedoms such as freedom of speech over the<br> right to food or housing?
Alexxandr [17]

Answer:

Explanation:

because they let us voice our opinions

8 0
3 years ago
A good historian needs a lot of patience.<br><br> True<br> False
jenyasd209 [6]
I would go with True because any historian needs a lot of patience to get what they want or to learn about something etc..
6 0
3 years ago
Read 2 more answers
Other questions:
  • Why did the confederacy want control of fort Sumter?
    12·1 answer
  • I need help asap! 20 POINTS
    6·1 answer
  • How did world war 1 impact russia differently than it did western european countries?
    9·1 answer
  • 2. How did improved transportation systems contribute to the Industrial Revolution? A) Workers could travel greater distances to
    11·1 answer
  • How did President Clinton respond to the terrorist attack in Oklahoma City?
    8·2 answers
  • Why did so few cities develop in the southern colonies
    14·2 answers
  • For Buddhism.<br> What is the word for the end of all desire, ignorance, and sorrow
    8·1 answer
  • He within the United Nations exists to prevent military conflicts between nations. The widespread devastation that World War II
    14·1 answer
  • What was one of the main reasons Europeans were able to conquer the Aztec empire
    12·2 answers
  • What American island chain was attacked the same day as Pearl Harbor?
    9·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!