Question

9. How does a traditional economy answer the three questions?

O voluntary exchange
O Custom and tradition
O by force
O government decision making

Answer 1

A traditional economy answers the three questions through custom and tradition.

Step-by-step explanation:

In a traditional economy, the three questions of what to produce, how to produce, and for whom to produce are answered through custom and tradition.

This means that economic decisions are based on longstanding cultural practices and norms.

For example, if a community has traditionally relied on farming, the resources and labor would be allocated towards agricultural activities, and the produce would be distributed according to established customs within the community.

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