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Functional regions are formed based on trade connections.
Economic systems are based on the reflection on the values, assumptions and goals of a particular culture.
A tradition-based economic system is an economic system where economic decisions are based largely on cusom. The four economic questions are answered according to the traditions of the country. People produce and distribute goods in the ways that have been followed for hundreds of years by their ancestors.
Capitalism is the economic system based on private ownership and profit.
Economic decisions are based on supply and demand. A+