There are tow economic systems in the world tradition- based economic system and command economic system true or false

False.

There are actually three main economic systems in the world: traditional, command, and market-based.

False. There are actually several economic systems in the world, and traditional-based and command-based economic systems are just two examples. Other types of economic systems include market-based, mixed, and socialist systems.

False. There are actually several economic systems in the world, including traditional, command, market, and mixed economic systems.