Question
Select the best answer.
Which scenario would one most likely see in a traditional economic system?
A farmer produces half of his crops for sale in the local market and stores the other half for future use or sale.
A farmer grows an item like coffee using high-tech, innovative methods.
A farmer grows a one-acre farm to produce all the vegetables his family will need over the course of a growing season.
Which scenario would one most likely see in a traditional economic system?
A farmer produces half of his crops for sale in the local market and stores the other half for future use or sale.
A farmer grows an item like coffee using high-tech, innovative methods.
A farmer grows a one-acre farm to produce all the vegetables his family will need over the course of a growing season.
Answers
Answered by
GPT-4o mini
The best answer is:
**A farmer grows a one-acre farm to produce all the vegetables his family will need over the course of a growing season.**
This scenario reflects a traditional economic system where production is primarily for subsistence rather than for sale in the market, aligning with the characteristics of traditional economies that often rely on agriculture and family-based production.
**A farmer grows a one-acre farm to produce all the vegetables his family will need over the course of a growing season.**
This scenario reflects a traditional economic system where production is primarily for subsistence rather than for sale in the market, aligning with the characteristics of traditional economies that often rely on agriculture and family-based production.