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Select the type of economic system that each statement describes.

Traditional Market Command

Planners that work for the government decide on production of goods and services.

Individuals and businesses own the resources that produce goods or services.

This system is based on habits or customs that are not likely to change over time.

Select the type of economic system that each statement describes. Traditional Market-example-1

1 Answer

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the answer is the system is based on habits and planners
User Manuel Allenspach
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