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Which statement BEST describes a traditional economy?

A. Economic decisions are made by the government.

B. Advanced technology is used to increase productivity.

C. Economic growth is not a top priority.

D. Profit is the driving force behind economic decisions.

2 Answers

3 votes
I think the answer is
C. Economic growth is not a top priority
(sorry if I'm wrong)
User Amir Gorji
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7.5k points
4 votes

Answer:

C. Economic growth is not a top priority.

Step-by-step explanation:

Traditional Economy is actually an economic system in which customs, beliefs, and, obviously, traditions are what help shape the goods and services that the economy produces. Not only that, it also extends to the manner of distribution. The countries that are still using this kind of method are generally farm-based and rural.

Because traditional economies are, many times, based on custom and tradition, some of the important economic decisions might be made based on customs or beliefs of the family, tribe, clan, or community.

User Zina
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8.3k points