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What was the traditional economic activity in ngoc ha village until recent years? automobile manufacturing construction information technology rice farming flower growing

Sagot :

The "flower village" that was formerly Ngoc Ha has all but disappeared due to fast development.

What is the traditional economy?

Traditions, practices, and beliefs play a significant role in the production of goods and services in a traditional economy, as well as in the distribution of those commodities and services. These types of economies are frequently seen in rural, agrarian nations.

What is an example of a traditional economy?

  • Children raised on farms, for instance, are more likely to become farmers as adults in a traditional economy.
  • Instead of paying with money, they will trade the products they make, such as milk or leather, for the products they need, such as eggs and vegetables for nourishment.

What are the activities connected to traditional economies?

  • Traditionally, farming, fishing, hunting, and gathering have been the main sources of income.
  • Customs and traditions typically take precedence over money in traditional economies.
  • Traditional economies frequently depend on farming or hunting, fishing, and gathering.

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