in a traditional economy, what determines what is produced? *\nbusiness competition\nconsumer…
in a traditional economy, what determines what is produced? *\nbusiness competition\nconsumer demand\ncommunity needs\ngovernment planners
Answer
Brief Explanations:
In a traditional economy, production is based on long - standing customs and the needs of the community. It is not driven by business competition as in a market economy, nor by consumer demand in the modern sense, and not by government planners as in a command economy.
Answer:
C. Community needs