Answer: A.It promotes the authority of the legislative branch of government.
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Monopolies will control the industry making the market for small business miserable since they couldn't grow economically since monopolies controlled everything.
Hardly found anymore, a bases economic activity on customs and traditions.
The statement above is the definition of a Traditional Economy.
- This is because Traditional Economy is characterized by the customs and traditions of the locals.
- It is also characterized by the barter system.
- It is hardly found in any modern society today.
Hence, in this case, the correct answer is Traditional Economy.
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Answer:
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