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Shkiper50 [21]
3 years ago
5

What is one difference between Market and Traditional economies?

Social Studies
1 answer:
levacccp [35]3 years ago
3 0

Answer:

A traditional economy is a system that relies on customs, history, and time-honored beliefs. ... 2  A market economy is a system where the laws of supply and demand direct the production of goods and services. A command economy is where a central government makes all economic decisions.

Explanation:

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