Question

An economy that produces goods and services based on long-standing

customs is a
O A. mixed economy
OB. command economy
O C. market economy
D. traditional economy

Answer 1

A traditional economy produces goods and services based on long-standing customs and traditions.

Step-by-step explanation:

An economy that produces goods and services based on long-standing customs is a traditional economy. In a traditional economy, economic activities are guided by customs, traditions, and beliefs that have been passed down through generations. There is little room for individual decision-making or economic change as production methods and the distribution of resources are determined by cultural practices.

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