Which statement best summarizes a feature of traditional economies?

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Traditional economies are characterized by their reliance on long-standing customs and practices that guide production and distribution. In these economies, communities typically engage in subsistence living, where the primary goal is to meet the basic needs of the population rather than to generate profit or promote economic growth. Barter systems are commonly employed, as individuals and families trade goods and services directly without the use of currency. This method of exchange reflects the community's cultural values and the available resources in their environment, ensuring that economic activities are closely tied to their societal norms and practices.

The other options describe features that are generally not aligned with traditional economies. For example, a heavy reliance on technology and an emphasis on consumerism or mass production are more characteristic of modern or industrial economies, where innovation and the market-driven demands for goods and services are prioritized. Similarly, traditional economies do not typically focus on economic growth; instead, they maintain stability and sustainability through methods passed down through generations.

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