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Economic help? 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

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Answer:

b. People produce and consume only the goods they need.

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