Question

A traditional economy happens when?

O a. There is little to no government control or interference.
O b. Goods are produced based on custom and history.
O c. There is no real competition or choice among producers and
consumers.

Answer 1

A traditional economy occurs when goods are produced based on custom and history. Limited competition and choice exist among producers and consumers.

Step-by-step explanation:

A traditional economy occurs when goods are produced based on custom and history rather than through government control or interference (answer choice b). In this type of economy, there is also limited competition and choice among producers and consumers (answer choice c). The key feature of a traditional economy is that it follows long-standing cultural practices and values.

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