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For this question: A. Define the 'economic problem' and explain how tradition (not markets or command) works to solve it (be sure to use examples

For this question: A. Define the 'economic problem' and explain how tradition (not

markets or command) works to solve it (be sure to use examples drawn from all the

relevant the readings to date). B. Explain why utilizing tradition to solve the distribution

aspect of the economic problem (e.g., reciprocity) faces limitations when society

reaches a certain size and hence needs to be supplemented with other solutions. C.

Explore how and why tradition still plays a vital role in our economic solution given that

we rely primarily upon the market and command to solve the economic problem in the

USA.

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