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Tju [1.3M]
3 years ago
9

Traditional economies are also known as _____.

Geography
2 answers:
otez555 [7]3 years ago
5 0
The answer is B. subsistence economies
DaniilM [7]3 years ago
5 0

Answer:

b. subsistence economies

Explanation:

  • The Traditional economy is one where the economic system is in the traditional model and the traditional beliefs help shape the traditional ways of doing things.
  • It is regarded as the farm and rural-based system and is knows by other names as the substance economies.
  • Has no change in how it operates and thus, an example of this includes the Inuit or those of the tea plantation in southern India.
  • As these are traditional and custom economies they are based on the old-style values and the beliefs, associate with clans and the tribal group of people.
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