Sovi.AI - AI Math Tutor

Scan to solve math questions

QUESTION IMAGE

in a traditional economy, which group is most responsible for producing…

Question

in a traditional economy, which group is most responsible for producing the goods people in society need?
a. family members
b. government agencies
c. private businesses
d. international corporations

Explanation:

Brief Explanations

In a traditional economy, economic activities are based on customs, traditions, and habits. Family - based production is common where family members produce goods according to long - standing practices. Government agencies are more prominent in command economies, private businesses in market economies, and international corporations are part of globalized market - oriented systems.

Answer:

A. Family members