An Economic System That Relies Primarily Upon Custom and Habit

question 110

Multiple Choice

An economic system that relies primarily upon custom and habit in economic decision making is referred to as a

• A)market system.
• B)traditional system.
• C)command system.
• D)mixed system.
• E)communist system.

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Definitions:

Authority Positions

Roles or titles within an organization or society that hold power to make decisions, enforce rules, and influence others.

Chairman

A person designated to lead or preside over a committee, board, assembly, or other formal groups, responsible for guiding discussions and ensuring the orderly conduct of meetings.

Policeman

A member of a police force or department, tasked with enforcing the law, maintaining public order, and protecting people and property.

Second Shift

The phenomenon where individuals, often women, work a paid day job and then return home to perform the bulk of unpaid household and caregiving duties.