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
Alexeev081 [22]
3 years ago
12

In which type of economy are the basic economic questions, "what goods to produce and how to produce them decided based on custo

ms passed down from previous generations?"
Social Studies
1 answer:
KonstantinChe [14]3 years ago
3 0

Answer:

Traditional economy

Explanation:

The type of economy are the basic economic questions, "what goods to produce and how to produce them decided based on customs passed down from previous generations" is known as Traditional economy.

Traditional economy is an economic system in which traditions, customs, and beliefs help formulate the products and services that are produced by the economy, as well as the rules and manner of their distribution. Rural and farm based countries tend to use this kind of economic systems.

You might be interested in
how the united states government interacts with the world affects people across the globe. You will evaluate a specific U.S. for
AleksandrR [38]

<u>Answer: </u>

The way the United States government interacts with the world affects people across the globe by making their lives simpler through various foreign aids and dispensing of different services from time to time.

<u>Explanation: </u>

  • The United States has relentlessly been helping the poor and destitute governments of number of nations across the globe to fight the crises prevalent in their countries.
  • This help has been in the form of financial aids and also through dispensing different services by deploying manual forces in the respective regions.
  • For example, the United States government had helped the Republic of Congo to fight the outbreak of Ebola by offering expert medical assistance and also by providing financial aid.
5 0
3 years ago
Exchange rate systems in which governments try to keep their currency values consistent with each other are called __________ ex
iren2701 [21]
Exchange rate systems in which governments try to keep their currency values consistent with each other are called fixed exchange rate systems.
5 0
3 years ago
Read 2 more answers
What do you see when you walk on the scene?
Radda [10]

Answer:

A dead body

Explanation:

M8

4 0
3 years ago
Which of the following groups are hurt by unanticipated inflation?
EleoNora [17]
The following groups which will be hurt by unanticipated inflation are the flexible-income receivers. They might be affected by unanticipated inflation because the stockholders’ profits and earnings may rise if the product cost rises rapidly than resources cost. Their salary will be automatically increased when the Consumer Price Index rises.
8 0
3 years ago
Write True or False and if false rewrite the correct statement:-
DerKrebs [107]

Answer:

True.

True.

True.

False.

True

4 0
2 years ago
Other questions:
  • What languages belong to the Indo-European family
    14·1 answer
  • Scenario: TeleToys Inc. TeleToys Inc., a U.S.-based company, recently opened eighteen new toy stores in Brazil, acquired a women
    6·1 answer
  • Who speaks the language Quechua?
    15·2 answers
  • Accurate forecasts by meteorologists can be very helpful to people in various occupations and situations. What are some reasons
    6·1 answer
  • Jessica is trying to remember all 26 definitions in her chemistry booklet 2 minutes before the exam. She seems to think that she
    8·1 answer
  • To improve the financial situation of the united states, alexander hamilton wanted to establish banks in each state. establish a
    10·2 answers
  • What was the main economic activities in athens ( occupation to "make a living")
    5·1 answer
  • What does the term invisible hand mean?
    6·1 answer
  • Was the Boston tea party activism or vandalism? And why?
    7·2 answers
  • Give a brief introduction of fundamental right​
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!