👉 Proconventional is a concept in economics that refers to an economic system or institution that operates on principles based on traditional values and practices, rather than modern market forces or technological advancements. Proconventional economies are characterized by a focus on tradition, community, and personal responsibility, often at the expense of innovation and efficiency. In contrast, modern economies operate under more liberal and dynamic principles, such as laissez-faire capitalism, free-market economics, and the principles of "free trade." These systems tend
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What is the definition of Proconvention? 🙋
👉 Proconvention is a legal term in the field of international law that describes the principle of non-intervention, or non-aggression, by states in their territorial waters and airspace. This principle is intended to prevent any form of military aggression or violation of these areas by non-state actors. Proconventions are often used in international agreements such as the United Nations Convention on the Law of the Sea (UNCLOS) which outlines the boundaries of the maritime zones within the sea, including exclusive economic zones and
