Answer:
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.
The births and immigrants are equal to deaths and out going migrants.
<span>legally guaranteed by the onstitutcion. subject to approval by the house</span>
Conquering the mighty Persian empire and others and thus creating one of the largest empires ever. He was King of all Greek nations, Shah of Persia, Pharaoh of Egypt and ruler of many more lands.
