A Traditional System Solves Basic Economic Questions by Long-Standing Customs

question 80

True/False

A traditional system solves basic economic questions by long-standing customs.

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Definitions:

Psychological Disorder

A disorder characterized by persistent disturbance or dysfunction in behavior, thoughts, or emotions that causes significant distress or impairment.

Eclectic

Involving ideas, styles, or tastes from a diverse range of sources.

Methods

Systematic approaches or techniques used in research, study, or performing tasks to achieve desired results.

Clients

Individuals or entities who receive professional services, advice, or products from a business or professional.