Question

20 multiple choice 5 points
loonie lives in a small country of twenty thousand people. the only way his country makes money is through fishing and hunting. the way they fish and hunt hasnt changed in over 3,000 years. every adult in the country helps with the fishing and hunting, ensuring everyone has a job and everyone will eat. this is an example of a(n) __________ economy.

command
traditional
market

Explanation:

A traditional economy relies on long-standing, unchanged customs and practices for production and resource allocation, with roles centered on historic ways of livelihood like fishing/hunting passed down over generations. The scenario describes a society where fishing/hunting methods have stayed the same for 3,000 years, with everyone participating in these traditional activities.

Answer:

traditional