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
Sedbober [7]
3 years ago
6

How does a traditional economy differ from a capitalist economy

Social Studies
1 answer:
DaniilM [7]3 years ago
3 0
Traditional Economy differs from capitalist economy because a traditional economy is where it is through family, traditions. Capitalist Economy is where there is a business owned by a company or a private business.

Example: A family has been giving medical service to their village for over 3 generations. This practice has not been stopped.

Mojang (the owners of Mincraft) have minecraft under their private owned business.
You might be interested in
Suppose that Juan Carlos is filling out a survey that he received in the mail. The survey asks him what he would do if the price
zepelin [54]

Answer:

the definition of a market in determining the price elasticity of demand

Explanation:

In economics, the price elasticity of demand is the measure used to determine the responsiveness and the elasticity of a quantity demanded for a good or a service to increase in the price when nothing but only the price of the product changes. It is the measure to show the demand of a product in relation to the price change of the product.

In the context, Juan Carlos is is filling up a survey regarding the demand or purchasing of toothpaste when the price of the toothpaste changes. Thus this is important to study the price elasticity of demand of a product in the market economy.

3 0
3 years ago
All of the following are economic consequences of obesity except:
sergij07 [2.7K]
The economic consequence which doesn't relate to obesity in this case would be D - the cost of services for chemotherapy. The amount of money that chemotherapy costs is largely unrelated to obesity levels either of the one who's giving it or the one who's receiving it. 
5 0
3 years ago
Texas politics has always been a heated topic, but none more so than the area of judicial politics. Explain and discuss the part
7nadin3 [17]

Answer:

each party want to appoint their own judges who hold the same views as them. Campaign finance plays a huge role

Explanation:

3 0
3 years ago
What is resources give me in ur own words
NikAS [45]

Answer:

The website/book/place where you found the information. The materials you use to do something.

Explanation:

Basically, the things you used to create something

8 0
2 years ago
the government of india has,since independence ,taken several steps to put an end to casteism in india. do you think that discri
viva [34]
Actually, I only have an anecdotal evidence: from my personal experience.

I know a person who described her friendship with a person from a lower caste and how hard it was for the person from the smaller caste to get a better job precisely because everyone though that she is supposed to do only lower-tier jobs, as people of her caste "should".

The discrimination is still very much present: it's really hard to overcome a very old prejudice in people: people still perceive people of lower casts as "less worthy".

If this was not the caste, the regular support from the government for the lower castes (for example reserved seats at the universities) would be discontinued. (this is an example you can use: the government still thinks it's necessary to help the lower castes, if there was no more discrimination, they would have stopped). <span />
3 0
3 years ago
Other questions:
  • Do you think adams was pleased with the verdict? why or why not?
    8·1 answer
  • Which of the following is not a federal student loan?
    14·2 answers
  • In cases of _____ sexual harassment, a worker feels uncomfortable because of sexual and sexualized situations in the work place.
    14·1 answer
  • Which of the following experimental designs have the least explanatory power compared to the others?
    6·1 answer
  • “In the fields of health, housing, urban renewal, transportation, welfare, education, poverty, and energy, it has been . . . peo
    6·2 answers
  • In what way were the motivations for founding the Southen Colonies different from those for founding the New England Colonies? H
    7·1 answer
  • Seeking out information that supports our previously held beliefs, while discounting information that questions those beliefs, i
    9·1 answer
  • In a dictatorship, how is rule of law regarded?
    13·1 answer
  • Using four or more complete sentences, discuss three ways in which Islam has influenced the culture of the Middle East.
    5·2 answers
  • Why do you think mongol rulers did not allow the chinese to become high government officials
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!