Question

I NEED THIS ASAP

In a traditional economy, people would most likely

1) actively seek to maximize profit

2) actively seek international trade

3) produce goods according to national requirements

4) produce goods in their homes for local use

Answer 1

Answer: he’s right

Step-by-step explanation:

Answer 2

I believe the answer is:4. produce goods in their homes for local use

The thing that distinguish traditional and modern ecnomy is modern economy's ability to extract large quantity of resources in order to create a certain products that could be sold to wide range of area. While traditional economy usually only focus on small scale area and day to day use.