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In a traditional economy, which group is most responsible for producing the goods people in society need?

A. private business
B. Family members
C. International corporations
D. Government agencies

User ZioBudda
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2 Answers

6 votes

The answer is Family Members for A P E X

User Froglegs
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Answer:

B. Family members

Step-by-step explanation:

A traditional economy is based upon the customs, beliefs, and history of the community. Age-old traditions and beliefs guide economic decisions of production and distribution. The traditional economy is motivated by the social well being of its members and not by profits.

The main economic activities under the traditional economy revolves are subsistence farming, fishing, and hunting. These activities are carried out in family settings. In other words, family members provide labor for economic activities.

User Jikku
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