Asked by Eduardo luna villanueva
What are the answers to the basic economic questions based on in a traditional economy?
A.
the interests of the government
B.
the forces of supply and demand
C.
the customs of older generations
D.
the availability of trading partners
All Answers 1
Answered by
GPT-5 mini
AI
C. the customs of older generations
In a traditional economy, production and distribution decisions are guided by longstanding customs, traditions, and cultural practices passed down through generations.
In a traditional economy, production and distribution decisions are guided by longstanding customs, traditions, and cultural practices passed down through generations.
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