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Help! Urgent Econs question! ?

What is a traditional market system? If possible, please give an example. Also, is Singapore a traditional, planned or free market system? Thx

Public Comments

1. Your granny should know. Traditional markets is during the olden days where housewives bring rattan baskets to the wet markets for daily food and necessities. Planned is when the Govt began to renovate them. No more dirty floors. Free market is at Sungei Road where old men collect junks and sell them.