Author Question: Complex economic plans for many economic sectors are most associated with a (Read 41 times)

llesku · **on:** Oct 12, 2022

Question 1

In traditional economies, economic behaviour is
◦ random and unpredictable.
◦ affected by elements of tradition, government command, and market incentives.
◦ directed only by self-interest.
◦ based primarily on custom and habit.
◦ largely determined by a central authority.

Question 2

Complex economic plans for many economic sectors are most associated with a
◦ traditional economy.
◦ feudal system.
◦ mixed market system.
◦ command economy.
◦ free-market system.

Spike8502 · **Reply #1 on:** Oct 12, 2022

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