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.
Answer:
hey..
Two books are used to model tectonic plates. The type of boundry represented by the two books is a (_) boundry.
a.convergent. b.divergent.
Hope it is helpful for u.
Answer:
Real GDP and nominal GDP are both very important calculations made to understand the strength of a country’s economy. The nominal GDP measures the value of total goods and services produced in an economy in current monetary terms, whereas real GDP measures the value of goods and services after removing all inflationary effects.
Explanation:
<em>Your answer is:</em>
<em>B) </em><u><em>Productive</em></u>
<em>THANK YOU!!</em>
<em>∝ </em><em>Sidhdi</em>
Answer:
C
Explanation:
Article VII required the Constitution to be ratified by each state sending representatives, chosen by the people of that state, to a special meeting, instead asking the existing state governments to ratify the Constitution.
