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History, 23.11.2019 16:31 nadikadiaz1

How does a traditional economy differ from a capitalist economy?
a) in a traditional system, economic decisions are based on custom.
b) in a capitalist system, the government answers the three basic questions.
c) in a capitalist system, a central authority owns the factors of production.
d) in a traditional system, a great variety of goods and services are available.

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How does a traditional economy differ from a capitalist economy?
a) in a traditional system,...
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