In general, the economic system in points 1 and 2 is indeed often found in various developed countries and has even become increasingly prevalent. however, as a small business actor, the application of the economic system is tailored to the needs and harmony in the area where I live.
Thus, if points 2 and 3 are not deemed unsuitable, for some unsupportive reasons. then I'll take the first point. because the traditional system is still commonplace where I live.
Then, can you provide input that the application of a traditional economic system is able to compete with or be parallel to other economic systems.