Final answer:
The traditional economic system, or command economy, lacks market-driven demand and competition, which limits its ability to produce extra goods. Government control and allocation of resources prioritize basic necessities over non-essential or luxury goods. This hinders innovation, diversification, and the production of additional items.
Step-by-step explanation:
The traditional economic system, also known as a command economy, is characterized by government control and ownership of resources and production. In this system, the government determines what goods and services are produced and how they are allocated. Due to its centralized decision-making and lack of market competition, the traditional economic system often struggles to produce extra things like other systems.
For example, in a traditional economic system, the government may prioritize the production of basic necessities such as food, clothing, and shelter. As a result, there may be limited resources and incentives to produce non-essential or luxury goods. Without the market-driven demand and competition present in other systems, there is less opportunity for innovation, diversification, and the production of extra goods.
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