SSC
WORLD GEOGRAPHY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Tradition and custom control all economic activity?
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Traditional Economy
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Market Economy
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Free Enterprise
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Command Economy
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Explanation:
Detailed explanation-1: -Traditional economies are often based on hunting, fishing and gathering or farming. Often in a traditional economy, there is no surplus and no resources, and bartering is used to exchange for needed goods.
Detailed explanation-2: -Traditional economic system. Command economic system. Market economic system. Mixed system.
There is 1 question to complete.