Which situation best represents a traditional economy?
A. A corporation decides to move a factory overseas to lower labor
costs.
B. A factory must switch production from cars to boats due to
government orders.
C. A banker quits his job to work at another bank that offers a higher
salary.
D. A father teaches his son a fishing technique passed down for
generations.
Answers: 3
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Which situation best represents a traditional economy?
A. A corporation decides to move a factory o...
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