Weegy: The North Korean government owns all property and all economic output. Almost all imports are banned, and production of goods and services by foreign companies is forbidden. This would be an example of a free enterprise economy.- This is FALSE.
User: Which of the following is characteristic of a traditional economy?
a.
Communities tend to be fast-growing.
b.
They are usually based on light industrial production.
c.
They have a high standard of living.
d.
Children tend to have the same jobs as their parents did.
Weegy: Children tend to have the same jobs as their parents did, is a characteristic of a traditional economy.
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