Question

What is the main incentive for using a traditional economy? A. profit B. stability C. progress D. economic equality Please select the best answer from the choices provided A B C D

Answer 1

Answer:

the answer is B, stability

Explanation:

A traditional economy is a system that is based on honorable customs, history, and beliefs. Tradition guides economic decisions, such as production and distribution. Traditional economies depend on agriculture, fishing, hunting, gathering or some combination above. They use exchange instead of money. Most traditional economies operate in emerging markets and developing countries. They are often in Africa, Asia, Latin America and the Middle East. But you can find scholarships from traditional economies scattered all over the world. Economists and anthropologists believe that all other economies started out as traditional economies. Thus, they expect the remaining traditional economies to evolve into market, command or mixed economies over time.

Answer 2

Answer:

b stability

Explanation: