asked 160k views
22 votes
Traditional System
What to produce?
I
How to produce?
For whom to produce?

1 Answer

11 votes

Step-by-step explanation:

In a traditional business model, the main community for which products and services are created is the community or family entity. The national government determines what products and services will be created in a planned economy, what compensation will be paid to employees, what tasks the employees do, and also the costs of commodities.

answered
User Brb
by
8.6k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.