Explanation: In other words, traditional economic systems are the most basic and ancient type of economies. Large parts of the world still qualify as traditional economies, primarily rural areas of second- or third-world countries, where most economic activity revolves around farming and other traditional activities.
A jar contains 12 marbles 4 red 3 white 5 blue. A marble is randomly selected, it's color record, and then the marble is returned to the jar. A second marble is randomly selected. Find the probability that both marbles selected are blue
