what do you hate
is nigeria a market economy, or a custom based economy, or directed.
Traditional Economy
yea
In a custom based economy, goods are produced traditionally. The method of production is passed down from parent to children and rarely changes.
it's nothing
An economy based on custom or tradition.
An economy based on custom or tradition.
Thailand and Ethiopia
Ham and sour crout
A custom based economy refers to an economy whereby the goods and services that have value are given without any form of agreement. This is done for a reward in future or at the moment. At the moment China is practicing this with some African countries.
they are made by custom and habit