ECONOMICS (CBSE/UGC NET)

ECONOMICS

ECONOMIC SYSTEMS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Goods and services are produced the way it has always been done is what type of economic system?
A
Mixed
B
Traditional
C
Command
D
Market
Explanation: 

Detailed explanation-1: -Traditional economies organize their economic affairs the way they have always done (i.e., tradition).

There is 1 question to complete.