Select the statement that accurately describes traditional economies. Traditional economies determine what goods are produced through customs, traditions, and beliefs. Traditional economies are based strictly on agriculture. In a traditional economy, the government controls what goods and services are produced. There are no longer any societies that use a traditional economy.
Select the statement that accurately describes traditional economies. Traditional economies determine what goods are produced through customs, traditions, and beliefs. Traditional economies are based strictly on agriculture. In a traditional economy, the government controls what goods and services are produced. There are no longer any societies that use a traditional economy.
Chapter22: Economies In Transition
Section: Chapter Questions
Problem 1SQ
Related questions
Question
Select the statement that accurately describes traditional economies.
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Traditional economies determine what goods are produced through customs, traditions, and beliefs.
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Traditional economies are based strictly on agriculture.
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In a traditional economy, the government controls what goods and services are produced.
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There are no longer any societies that use a traditional economy.
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