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laila [671]
4 years ago
7

Who answers and runs the traditional economy

History
1 answer:
schepotkina [342]4 years ago
4 0

The traditional economy is run and controlled by a set of patterned believes,needs and basic wants. mostly subsistent and rural in nature, it relies on members interaction and exchange is mainly through batter trade. Demand and supply in a traditional economy is informed by the subsistence need of people.

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