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Which one is a positive of traditional economies

How are traditional and mixed economies similar

7HUM

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Answers

1
How are traditional and mixed economies similar
They both are in control of the government
They both are in control by consumers
They both focus on services and work.
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2
Which one is a positive of traditional economies
lots of government support
Everyone benefits from each other
High innovation rates
stable economy
3
Which one is a negative of a traditional economy
high unemployment rates
lack of economic freedom
Goods and service are limited
high risk of corruption
4
Traditional economies are big and large communities
True
False
5
What is a traditional economy
Type of economy where government makes most desicions.
A type of economy where government and consumers have the same power
A type of economy that its based on culture, ritual and has trading systems
A type of economy where consumers make all the desicions for the economy
6
Which countries use traditional economic systems
Innuit vilages in canada
Brunei
Zimbabwae
small villages in bangladesh
7
Traditional economies are based on culture while command is based on government
False
True