History, 23.02.2021 22:50 shandrablue9348

What is different between market economies and traditional economies? People in market economies produce and sell goods to make a profit, while people in traditional economies only produce what they need to survive.
People in market economies live in rural, undeveloped land, while people in traditional economies live in developed land with buildings and skyscrapers.
People in market economies are controlled by the government, while people in traditional economies own businesses to make a profit.
People in market economies are allowed to own businesses, while people in traditional economies controlled by the government.

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What is different between market economies and traditional economies? People in market economies pr...