In a traditional society, production and consumption patterns are governed by tradition; every persons place within the economic system is fixed by parentage, religion, and custom. Transactions take place on the basis of tradition, too. People belonging to a certain group or caste may have an obligation to care for other persons, provide them with food and shelter, care for their health, and provide for their education. Clearly, in a system where every decision is made on the basis of tradition alone, progress may be difficult to achieve. A stagnant society may result.
1.What is the main purpose of the passage?
A.To outline contrasting types of economic systems.
B.To explain the science of economics.
C.To argue for the superiority of one economic system.
D.To compare barter and money-exchange markets.
2.In the second paragraph, the word real in real goods could best be replaced by ___,
A.high quality
B.concrete
C.utter
D.authentic.
3.According to the passage, a barter economy can generate ___.
A.rapid speed of transactions.
B.misunderstandings.
C.inflation
D.difficulties for the traders.
4.According to the passage, who has the greatest degree of control in the administered system?
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