Question

Which best describes a traditional economy? a small, close community that avoids change and new technology a large, widespread community that welcomes change and new technology a small, close community that welcomes change and new technology a large, widespread community that is able to deal effectively with environmental disaster?

Answer 1

a small, close community that avoids change and new technology

Answer 2

Traditional economy is a unique economic system in which customs, traditions, and principles help form the merchandises and the services the economy yields, in addition to the instructions and way of their distribution. States that practice this kind of economic system are frequently rural and farm-based. The closest answer in the choices would be small, close communities that avoid change and new technology.