Question : A traditional market is typically characterized by:
Option 1: Electronic commerce
Option 2: Face-to-face transactions
Option 3: Automated trading systems
Option 4: Virtual reality shopping
Correct Answer: Face-to-face transactions
Solution : A traditional market is typically characterized by face-to-face transactions, where buyers and sellers interact directly in a physical marketplace.
Question : Which of the following is a characteristic of a traditional market?
Option 1: Online transactions
Option 2: Barter system
Option 3: Stock trading
Option 4: Electronic payment systems
Question : Which market provides a platform for trading futures contracts?
Option 1: Stock market
Option 2: Commodity market
Option 3: Forex market
Option 4: Bond market
Question : In traditional societies, how are gender roles typically defined?
Option 1: By economic status
Option 2: By technological skills
Option 3: By age
Option 4: By cultural norms and expectations
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