what is disadvantage of a traditional economy ?
Answers
Answered by
2
Disadvantages of Traditional Economies
While there are several advantages to a traditional economy, these economies are not without their disadvantages. Because these economies rely on hunting, fishing, gathering, and the land in the form of farming, when the weather changes, the economy becomes jeopardized. Also, if they are not able to find animals to hunt or fish to catch, people can starve because they don't have the goods needed to survive.
While there are several advantages to a traditional economy, these economies are not without their disadvantages. Because these economies rely on hunting, fishing, gathering, and the land in the form of farming, when the weather changes, the economy becomes jeopardized. Also, if they are not able to find animals to hunt or fish to catch, people can starve because they don't have the goods needed to survive.
Similar questions