Describe how a traditional economy works in a society that has this kind of economy.

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02-03-2022
Social Studies

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Describe how a traditional economy works in a society that has this kind of economy.

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smas001 smas001 · Answer 1 · 2022-03-02T17:30:34-05:00

smas001 smas001

02-03-2022

Answer:

A regular economy is a system on history and long time honored beliefs. Tradition guides economic decisions such as production and exporting. Societies with regular economies depend on farming, fishing, hunting, gathering, or some combination of them.

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ragequit59fs ragequit59fs · Answer 2 · 2022-03-02T20:08:12-05:00

ragequit59fs ragequit59fs

02-03-2022

[traditional economy: an economic system in which decisions about production and consumption are based on custom and tradition] , custom and tradition dictate what to produce, how to produce it, and for whom.

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