Economic ? question 2 (multiple choice worth 5 points) (05.02 mc) which of the following statements is true of a traditional economy? people produce a variety of goods for local, regional, and global trade. people produce and consume only the goods they need. people produce goods according to the dictate of government. people produce goods in order to make a profit. question 3 which of these factors would be most effective in raising a coun
People produce and consume only the goods they need.
b.) the family unit is very important
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The statement that is true about cross-culture family tradition is that the traditional family is not the dominant form anywhere.
The number of cross-culture families around the world is extremely less. It is because of the strong beliefs of people associated with their own cultures, a majority of people don't opt to marry a person from some other culture.
Rather, they choose to find a match well within the culture itself. It is because of this practice, cross-culture family tradition is not a dominant tradition anywhere.
In traditional economy, people still haven't been introduced to the concept of money. So all of their day to day activities such as hunting, farming, wood chopping, etc are all being done to feed their own
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The traditional family involves two married people looking care of a kid or kids, with the father being the predominant source of daily bread, and needs. It is however losing traction in developed countries,but still remains the dominant form of family in developing countries.
b. People produce and consume only the goods they need.
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