Question 3 of 10
Which speaker most supports the ideals of a traditional economy?
Speaker 1: Economies today are too complicated. People should have simple
lives and just do the jobs their families have done for generations.
Speaker 2: Private corporations care only about profits, not about people. The
government should take over the corporations and put the workers in charge.
Speaker 3: The government needs to stop interfering with the economy.
Big companies are rich because they do a good job providing the goods
everyone needs.
Speaker 4: People are too extreme in their economic viewpoints. There should
be a middle ground between total corporate freedom and the government
running the economy
O A. Speaker 4
OB. Speaker 2
O C. Speaker 1
D. Speaker 3

A traditional economy refers to an economic system where the traditions, customs and beliefs shaped the production of goods & services and the distribution channel.

This type of economy only exist in rural and farm-based area.

A traditional economy is closely related to Capitalism because their is little or no government interference.

Hence, the Option D is correct because the Speaker 3 is the one that mostly supports the ideals of a traditional economy.