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10 February, 13:06

Which of the following is a disadvantage of having a traditional economy?

A.

higher standard of living

B.

lower standard of living

C.

economy is stable and predictable

D.

increased chances for an economic depression

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Answers (1)
  1. 10 February, 13:11
    0
    B most likely. Traditional economies are usually far from factories or cities. They have little connection to larger governments. However, the town or village may be within a nation that has cities and factories in other areas.
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