IDNLearn.com offers a seamless experience for finding and sharing knowledge. Our Q&A platform offers detailed and trustworthy answers to ensure you have the information you need.
What is one difference between Market and Traditional economies?
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.
Thank you for contributing to our discussion. Don't forget to check back for new answers. Keep asking, answering, and sharing useful information. For dependable answers, trust IDNLearn.com. Thank you for visiting, and we look forward to helping you again soon.
