Business, 20.08.2021 14:00 lokiliddel

Indicate the most correct answer by writing only the letter next to the corresponding number for each question. 1.1 Traditional economies are characterised by:
A mass production.
B subsistence.
C poverty
D the use of technology.

1.2 Before money was used as a medium of exchange trade had to occur through:

A barter.
B middlemen.
C goods.
D capital investment.

1.3 Medieval associations of skilled artisans who specialised in certain types of production were called:
A joint-stock companies.
B trade unions.
C guilds.
D production lines.

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