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Ivenika [448]
3 years ago
7

In a traditional economy, which group is most responsible for producing the goods people in society need?

Business
2 answers:
romanna [79]3 years ago
6 0

Answer:

B. Family members

Explanation:

A traditional economy is based upon the customs, beliefs, and history of the community. Age-old traditions and beliefs guide economic decisions of production and distribution. The traditional economy is motivated by the social well being of its members and not by profits.

The main economic activities under the traditional economy revolves are subsistence farming, fishing, and hunting. These activities are carried out in family settings. In other words, family members provide labor for economic activities.

WINSTONCH [101]3 years ago
4 0

The answer is Family Members for A P E X

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See the explanation section.

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3 0
3 years ago
Under the market system, ______ coordinate the decisions made by households and businesses.
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<h3>What is a market system?</h3>

It should be noted that a market system simply means an economy whereby the individual makes choices in the market and decisions.

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Learn more about market system on:

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7 0
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