Which of the following is characteristic of a traditional economy?

Question

They are usually based on light industrial production.

Children tend to have the same jobs as their parents did.

They have a high standard of living.

Communities tend to be fast-growing.

Answer 1

The statement that is characteristic of a traditional economy is:

Children tend to have the same jobs as their parents did.

In traditional economies, the practices, jobs, and skills are often passed down through generations, leading to a continuity of occupation within families. The other options do not accurately represent characteristics of traditional economies.