[Answer] Which of the following is characteristic of a traditional economy?

Answer: Children tend to have the same jobs as their parents did
Which of the following is characteristic of a traditional economy?

The traditional society. characterized by subsistence agriculture or hunting and gathering; almost wholly a “primary” sector economy; limited technology

As mentioned above in case of technological dualism the economy is divided into traditional sector and modern sector. Following are some characteristics of these sector. Traditional sector. 1) Agriculture cottage industries and small industries are the main occupations of this sector.

Technological dualism – Wikipedia

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Technological dualism – Wikipedia

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The economy of Egypt used to be a highly centralized economy focused on import substitution under president Gamal Abdel Nasser (1954–1970). During the rule of president Abdelfattah el-Sisi (2014–pr…

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