Which statement is true of a traditional economy? A. Technology includes advanced machinery.
B. Trade is limited to the bartering of goods and services.
C. Banking allows for complex business transactions.
D. The government sets the prices of goods and services.

D

Explanation:

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The answer for this question is Trade is limited to the bartering of goods and services.

Explanation:

In a traditional economy decisions are based on tradition and culture. This type of ecomomy was followed by hunter/gatherers and early farming societies.

Trade is limited to barter, or trading goods or services for other goods or services.

Technology is limeted to simple tools such as plows and hand axes.

answer; in small towns;

answer; procedural justice;