the traditional market is:

#4 – Mixed Economy. Global Traditional Chinese Medicine Market: Regional Assessment. A traditional economic system is one that does not experience the modern amenities of a market economic system. Mixed economic system, where is combined all the above three economies i.e. The visit of a foreigner is rare, but undoubtedly will be welcomed with many smiles and much sincere interest. traditional, command and market. A traditional and market economy are different types of economies that are defined by the methods applied by the members of the society. Traditional economies are largely underdeveloped economies that are characterized by the use of primitive equipment and crude methods. Market - Market - The abstract nature of traditional market theory: The key to the modern concept of the market may be found in the famous observation of the 18th-century British economist Adam Smith that “The division of labour depends upon the extent of the market.” He foresaw that modern industry depended for its development upon an extensive market … The government has an intervention over the market … The traditional Chinese medicine market is spread across five key regions, namely, North America, Europe, South America, … A traditional market is a beehive of activity compared to the average supermarket. Indonesians … Some examples of the market economy are the United States, Germany, and Canada. A market …