Which is the more important economic goal for society in a traditional economy equity or growth

Equity is more important, and evidence of this that often people in such societies work to support the entire community, so sharing is a ritual aspect of economic life; also, economic success in such societies is attached by meeting the community's needs, not by raising the standard of living through economic growth.

Which economic goals is most important in a traditional economy?

A traditional economy relies on custom and tradition t dictate production and consumption. The goals are economic security and stability.

Which is the most important of the economic goals for societies to prioritize?

Full employment, stability, and economic growth are the three macroeconomic goals most relevant to the aggregate economy and consequently are of prime importance to the study of macroeconomics.

Why is economic growth important?

Economic growth increases state capacity and the supply of public goods. When economies grow, states can tax that revenue and gain the capacity and resources needed to provide the public goods and services that their citizens need, like healthcare, education, social protection and basic public services.

Which economic system best accomplishes the goals of economic efficiency and freedom?

Market economies tend to favor economic freedom, efficiency and growth (with full employment being a desirable side effect of these choices).