195k views
2 votes
Explain the limitations of the old economy


User Frias
by
5.6k points

1 Answer

3 votes

Step-by-step explanation:

Time Constraint and Time Consuming: Nobody would carry out business when the market was closed. ... Limited Space: The old economy depended on physical space such as market places and offices before business transaction could take place.

User Johnkeese
by
5.4k points