3 years ago

Read the paragraph below, and then decide which type of economy is being described.

History

2 answers:

anyanavicka [17]3 years ago

7 0

A traditional economy is described.

A traditional economy is a system in which history traditions, customs and beliefs based in long lasting experience, drive economic choices and activities such as production or distribution. Traditional economies are based on subsistence activities: agriculture, animal husbandry, hunting, fishing, etc. Nowadays this system can be found in developing countries with emerging economies. Traditional economies are considered the starting point of all economies. At some moment, when certain conditions are met, development will be triggered, which means that there will be a transition from this kind of economy to a modern one.

elena-14-01-66 [18.8K]3 years ago

4 0

Answer: a traditional economy

Explanation:

You might be interested in

Why were pochteca important to the Aztec Empire?

Basile [38]

Answer:

They were helpful in spreading necessary information across the empire.

3 0

2 years ago

How was the Inca tax system different from ours?

alex41 [277]

Answer:

The Incas used them to transport goods through their empire. How did the Inca army compare to Francisco Pizarro's army? Pizarro's army had deadlier weapons than the Inca army.

Explanation:

4 0

3 years ago

Hijacked planes crashed into the World Trade Center and the ___ on September 11, 2001

guapka [62]

Pentagon Is the Answer

6 0

3 years ago

Read 2 more answers

Which idea is most closely associated with the Red Scare of the 1920s?

faltersainse [42]

I would have to say the answer is Patriotism