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telo118 [61]
2 years ago
14

What type of country would most likely have a traditional economy?

History
1 answer:
Gre4nikov [31]2 years ago
8 0

Traditional economies are typically found in rural areas of developing second and third-world nations, often in Africa, Latin America, Asia, and the Middle East. Traditional economies center around a family or tribe. As in the routines of daily life, economic decisions are based on traditions gained through the experiences of the elders.

Hope this helps! :)

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