Question

Which of the following would be an example of a traditional economy?

Answer 1

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Countries that use this type of economic system are often rural and farm-based. Also known as a subsistence economy, a traditional economy is defined by bartering and trading. Examples of these traditional economies include those of the Inuit or those of the tea plantations in South India.

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Answer 2

Answer:

countries that use this type of economic system are often rural and farm-based. also known as a subsistence economy, a traditional economy is defined by bartering and trading. examples of These traditional economics include those of the Inuit or those of the tea plantations in South India.