how does a traditional economy differ from market economy

Answers

Answer 1

Answer:

Traditional economy relies on habit, custom, or ritual to decide what to produce, how to produce it, and to whom to distribute it. A market economy, economic decisions are made by individuals and are based on exchange, or trade.

Explanation:

hope this helps

Answer 2

Answer:

Explanation:

Economía tradicional: Son economías simples cuyas decisiones se basan en la tradición.

Se caracterizan porque para dar solución a los problemas básicos de la economía: qué, cómo y para quién producir. Toman decisiones que tuvieron éxito en el pasado, es decir, que su supervivencia va a depender de si las decisiones del pasado fueron acertadas.

Disponen de un excedente económico reducido por lo que no van a poder invertir en mejoras del proceso productivo.

Son sociedades de escaso nivel de renta, y van a depender de las ayudas y préstamos de naciones ricas.

Economía de mercado: Es aquella en que la mayoría de las decisiones económicas son tomadas por los ciudadanos. Son las denominadas economías capitalistas. En las que podemos destacar:

Existe propiedad privada tanto del capital como de los medios de producción.

Libre empresa, los individuos tienen libertad para constituir y disolver sus negocios.

Son mercados competitivos, en los cuales el precio se fija por la oferta y la demanda.

Los individuos pueden elegir entre las distintas alternativas que ofrece el mercado


Related Questions

What does school choice refer to?


Families choosing the type of schooling their children will receive, such as public, private, or homeschooling

Teachers choosing the details of their employment, such as the grade levels and subjects

Principals and superintendents working together to choose the locations and appearance of school buildings

Students being given increasing responsibility for their own school-related choices as they rise in grade level

Answers

Answer:

A

Explanation:

Families choosing the type of schooling their children will receive, such as public, private, or homeschooling

Based on the information in the graph, what is the best conclusion to draw
about Africa?
World Population Growth
20,000
10,000
TM
World
OMON
5,000
*
Asia
2,000
WORK
Africa
NA
1,000
Europe
*****
500
200
United States,
Canada, and Greenland

Answers

Answer:World Population Growth 20,000 10,000. TM World OMON 5,000 * Asia 2,000. WORK Africa NA 1,000. Europe ***** 500 200. United States, Canada, and Greenland.

Explanation:

Bethany says that she likes dark chocolate more than white chocolate. Why is her statement considered a personal perspective? A. She is stating evidence B. She is giving her opinion C. She is avoiding an opinion D. She is trying to hurt someone's feelings​

Answers

Answer:

B. she is giving her own opinion.

Explanation:

a personal perspective isn't a factual answer


Help me with this one please

Answers

Answer:

the answer to the question is C.

The correct answer is d

How is the U.S. Constitution a living document? Explain.

Answers

Answer:

idek

Explanation:

like fr

PLEASE HELP ME I'M BEING TIMED!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! HURY HELP ME ASAP!!!!!!!!!!!!!
In the Jamaica Letter written by Simon Bolivar, he commented that the only acceptable form of government for the colonies of Latin America was a Republic and that in no way should a paternalistic authoritarian government be accepted.

True/False

Answers

I believe It is true

how did lonnie johnson's accomplishments impact the general public

Answers

Answer:

He invented the Super Soaker water gun in 1990, which has been among the world's bestselling toys ever since. He also invented the Nerf Gun when he patented "a pneumatic launcher for a toy projectile" which revolutionised toy blasters.

Explanation:

Brainly?

How does the economic system of the USSR differ from that of America?

Answers

Answer:The U.S. and the Soviet Union had different ideas about how to run an economy (business) and government. The U.S. believed in Capitalism – a system where ordinary people and businesses control the production of goods and services. ... The Soviet Union influenced Eastern Europe, while the U.S. influenced Western Europe.

Explanation:

Answer:

The USSR believed in communism while America in capitalism.

Communism means:

Everyday people don't control the mass production of goods and services for the people, but instead, everyone in the community contributes and receives according to their needs. Everyone gets everything equal; including payment, food, houses, and resources.

Capitalism means:

Everyday people and businesses control the mass production of goods and services for the people, not the government. Here, people control and own their own private properties. Everyone doesn't get anything equal; one person can get paid millions, have many houses, and eat luxurious foods, while another person can get paid minimum wage, have a small house, and have barely any resources to live off of.

Final note:

For economy, the U.S's was way (and still is) more advanced than the USSR.

In the circular flow model, businesses provide goods and services to which
part of the economy?
A. Businesses
B. Product markets
C. Resource markets
O D. Households

Answers

Answer:Product Markets!

Explanation:

I just took the test!

In the circular flow model, businesses provide goods and services to the Product market part of the economy. Thus option B is correct.

What is the economy?

The economy of any country is determined by the ratio of production and consumption that takes place within a year and evaluates the flow of funds in the market by analyzing the purchasing parity of an individual.

The circular flow model explains how money circulates in society. Workers receive wages from manufacturers, and production companies receive cash from employees.

The marketplace whereby finished products or services are offered for sale to the private and public sectors is known as the product market. Demand for raw materials and supply for finished items interact on the product market.

Therefore, option B is appropriate.

Learn more about the economy, here:

https://brainly.com/question/2421251

#SPJ5

why are the journeys of the patriarchs important to the Jewish people?

Giving crown for the best answer

Answers

Answer:

They play significant roles in Hebrew scripture during and following their lifetimes. They are used as a significant marker by God in revelations and promises, and continue to play important roles in the Abrahamic faiths.

Explanation:

Which of the following led to the Sibley Commission?

Answers

Answer:

Brown v. Board of Education.

Explanation:

In upholding Louisiana’s Separate Car Act, the Supreme Court claimed that

Answers

Answer:

The court claimed that this issue was social equality not political or legal equality

How was ancient Greek democracy different from American democracy today?

A. Everyone did not always agree.
B. Strong speakers influenced others.
C. People could speak their opinions.
D. All citizens voted on every issue.

Answers

Answer:  

i think it’s d

In Athenian direct democracy all citizens voted and in an American representative democracy citizens vote for representatives to vote for them.All citizens voted in an ancient Athenian democracy and in a modern American democracy citizens vote for representatives to vote for them.

It’s C because they said their opinions

what are the possible effects of discrimination?​

Answers

Answer:

Discrimination can have several negative effects on the victim, their family, the workplace, the wider community and the perpetrator. Effects of discrimination on the individual. It can result in individuals feeling worthless, guilty, angry, sad and upset as well as be a cause of mental health conditions such as anxiety, depression and stress.

Explanation:

To evaluate a program designed to improve math scores for elementary school girls, girls were divided into treatment and control groups. Girls in the treatment group were required to attend an after-school program, while girls in the control group went home on time. Math exam scores were then compared between the two groups of girls. This type of program design is associated with:

Answers

Answer:

Explanation:

To evaluate a program designed to improve math scores for elementary school girls, girls were divided into treatment and control groups. ... required to attend an after-school program, while the girls in the control group went home on time.

What is the value of the digit 4 in this number? Write your answer in number form. 283,234,853,023

I have asked this question in math twice alr but people keep putting links
brainliest for the first person that gives the right answer

Answers

Answer:

4 million

or

4,000,000

The question says in number form so use the second one. Also, it's quite simple... just put the number and then one 0 for every number after it. In this case the 4 has 6 zeroes after it.

Marina’s parents were going out for the evening. Before they left, they reminded 15-year-old Marina not to leave the house. Since Marina knew her parents would be out late, she had a plan to sneak out to be with some friends for a couple of hours. She found her mother’s car keys and drove her car. They all met at the mall, and it wasn’t long before the girls challenged each other to shoplift. Marina knew it wasn’t right but thought she could get away with it. They split up and promised to meet back at the same spot in 30 minutes with their items. It was only minutes later that Marina was caught walking out of a store wearing a sweater she didn’t pay for.

Which of Marina’s behaviors were unruly?

driving her mom’s car
taking her mom’s keys
disobeying her parents
being caught shoplifting
just pick on..? lol

Answers

Answer:

i think its driving without a license and shoplifting  

Explanation:

Answer:

disobeying her parents

taking her mom’s keys

leaving the house

Explanation:

these are unruly behaviors. these would NOT be criminal offenses for ADULTS if an adult committed this (adult = person 18 or over)

driving without a license, and being caught shoplifting are delinquent behaviors because they are illegal for adults and juveniles.

I had the delinquent question for me

Other Questions
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