Producers and consumers own the factors of production • Custom and habit answer the question of who, what and how to produce • O
utside trade and commerce is discouraged • Roles within the community are defined by custom and gender . What type of economic system is described? a. Command
b. Market
c. Mixed
d. Traditional
A traditional economy is an economy that the consumers and producers own the factors of production, but custom and habit answer the three questions. Most roles within the economy are determined by gender and custom. Traditional economies are successful if all needs are met within the community
The type of economy system that you described is a traditional type of economy. (letter D). The traditional economy is the original type of economy that existed before the invention of money. The traditional type of economy was more rural and produce based wherein bartering or trading of goods was the way of life. People only produced and received exactly what they needed and the excess was usually given up to the ruler. The people in the economy only traded with each other in order to regulate the cycle of produced goods.
<span>This is called a stress interview. These interviews are used to see how job candidates react to unusual circumstances and how they respond to pressure. Employers can used these to see which applicants are the best qualified for the job at hand.</span>
The merit system, in which bureaucrats are hired and promoted based on their skills rather than their political connections, has enhanced the effectiveness of the bureaucracy.
