Read the paragraph below, and then decide which type of economy is being described.In this economy, community members typically use simple tools to plant and harvest crops. Food supplies are supplemented by hunting animals and gathering plant materials. Members trade with each other to obtain needed goods, as few people hold currency. Little economic growth occurs.What type of economy is being described?a traditional economya free market economya mixed-market economya command economyANSWER: a traditional economy
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I think the economy of Vietnam
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It is a traditional or can also be known as an agrarian economy, where people survive by hunting and food gathering. Little tasks of agriculture is carried out and a small amount of people have currency in hand.
Hence the paragraph talks mostly of a traditional economy of the early people.
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