Problemas

The community's customs and traditions determine what is produced. Choose Capitalism Communism Socialism Traditional to make based on consumer demand. 5 point 5 point
Solución
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Omarprofessionell · Tutor durante 6 años
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4.6 (174 votos)
Responder
The correct answer is 'D', Traditional.
Explicar
## Step 1<br />The problem is asking us to identify the economic system where the community's customs and traditions determine what is produced. The options provided are Capitalism, Communism, Socialism, and Traditional.<br /><br />## Step 2<br />In a capitalist system, production is determined by market demand and individual profit motives. This means that what is produced is not necessarily determined by the community's customs and traditions.<br /><br />## Step 3<br />In a communist system, the state owns and controls the means of production. This means that what is produced is not necessarily determined by the community's customs and traditions.<br /><br />## Step 4<br />In a socialist system, the means of production are owned and controlled by the community as a whole. This means that what is produced is not necessarily determined by the community's customs and traditions.<br /><br />## Step 5<br />In a traditional system, production is based on customs and traditions. This means that what is produced is determined by the community's customs and traditions.
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