Question

8. The economy is invariably non-monetized economy. (A) Postindustrial (B) Industrial (C) Tribal (D) Capitalist​

Answer 1

Answer:

I think option A

Explanation:

hope it is right

Answer 2

Tribal economy is a non-monetized economy.

Option C is the correct answer.

• Tribal economy is the one where the usage of monetary transactions do not take place.
• They rely mostly on the Barter system where commodities are exchanged for other commodities.
• Other economies like Post industrial, Industrial, Capitalist uses a monetary system for the trade. It can not be worked on the Barter system.
• Tribal economy is the system where the people do not rely on  the monetary  system to value their commodities. They exchange goods only when they need the other goods for their consumption.

Any economy without any asset backing can lead to a disastrous stage. But in the tribal economy, people do not carry their business for the profit motive. They only exchange when there is a need.