Question

You have just returned from hunting wild boar. You worked together with five of your neighbors, and the animals you brought down will be shared with everyone in your community. Chances are very good that you belong to a economy? A) command B) capitalist C) traditional

Answer 1

Based on the scenario provided, it is most likely that you belong to a traditional economy.

Step-by-step explanation:

In a traditional economy, communities rely on customs, traditions, and historical practices to guide their economic activities. These societies often have a strong sense of community and cooperation, where resources are shared among members for the benefit of all. In this case, the fact that you worked together with your neighbors and the animals you brought down will be shared with everyone in your community indicates a communal sharing of resources.

In a command economy, the government controls and directs economic activities, including the distribution of resources. In a capitalist economy, individuals and private businesses own and control the resources, and the distribution of goods and services is based on market forces.

Therefore, the most appropriate answer based on the given information is C) traditional economy.

Answer 2

The scenario described aligns with a traditional economy, where community-oriented hunting and sharing are integral aspects of resource distribution.

Step-by-step explanation:

If you have just returned from hunting wild boar and the animals you brought down will be shared with everyone in your community, you most likely belong to a traditional economy. In such an economy, there is a strong sense of community and resources are shared among the members. This type of economy is often based on hunting, gathering, and agriculture. It emphasizes communal goals over individual desires and involves direct exchange of goods and services.

Unlike traditional economies, command economies apply central governmental control to economic affairs, determining what goods and services are produced and how they are distributed. Capitalist or market-oriented economies, on the other hand, allow producers and consumers to make these decisions through supply and demand dynamics within a free market.

Learn more about Traditional Economy