Question

Families and social customs have the most influence over the production of

Answer 1

Answer:

B Tradition economy

Explanation:

Econ

Answer 2

Answer:

Families and social customs have the most influence over the production of goods and services in a traditional economy.

Explanation:

A is not correct because this type of economy is a transitional type where both the private sector and the government have a big influence on production.

B is correct because this is the economic type where the families and social custums, or rather tradition, have the biggest influence, with change often being viewed with skepticism and rejection.

C is not correct because this is an economic type that is found in communist countries, and the government has the main say in the production.

D is not correct because this economic type promotes perfect competition, with all businesses being owned and all decisions made by the private sector.