The type of economy system that you described is a traditional type of economy. (letter D). The traditional economy is the original type of economy that existed before the invention of money. The traditional type of economy was more rural and produce based wherein bartering or trading of goods was the way of life. People only produced and received exactly what they needed and the excess was usually given up to the ruler. The people in the economy only traded with each other in order to regulate the cycle of produced goods.
Answer:
Explanation:
The Galapagos consist of 13 major islands (ranging in area from 5.4 to 1,771 square miles [14 to 4,588 square km]), 6 smaller islands, and scores of islets and rocks lying athwart the Equator 600 miles (1,000 km) west of the mainland of Ecuador.
Is their answers to choose from?
and i think it might be aribic
Pessimistic
Optimistic means being or thinking positive
Hope this helps!
Answer:
Informal Economy
Explanation:
An informal economy is a segment of any society not taxed or controlled by some type of government. The concept is usually applied to self-employment in small unregistered enterprises.
Max spends most of his time in the house taking care of his children and his sister’s children in return his sister lends his family an extra apartment she has in her multifamily home. This situation is referred to as informal economy.
