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Traditional economy is the oldest economic system on Earth. In it, members of society lived in accordance with the customs of their ancestors, repeating the economic decisions taken by previous generations. Currently, such an economic system is no longer present in any country, only its elements can be observed in the economic systems of underdeveloped Asian or African countries.
In these types of economies, decisions are generally made by a small group of people who are part of the social peak, usually tribal chiefs. These people rely on the most urgent needs of their people, along with their religious and cultural values, and the immediate availability of resources, to make economic decisions.
It affected trade because the geography
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well the southern states had to have income to fund the war, cotton, but the northern states had higher prices. hopes this helps
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From 3100 BC to 400 BC Ancient Egypt was a successful center of civilization.
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Ancient Egypt was a civilization that developed along the middle and lower reaches of the Nile from about 3150 BC until it was conquered by Alexander the Great in 332 BC. It extended south from the Nile estuary to Jebel Barkal near the fourth cataract.
Egyptian civilization depended on the River Nile. When the rains further south caused the river to overtop its banks and cover much of the land, it would immediately irrigate and fertilize the land. This was of great importance in a country where there is virtually no rain.
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Franklin has the rare distinction of having signed all three of the major agreements that freed the colonies from British rule and founded the United States as an independent nation: the Declaration of Independence, the Treaty of Paris, and the Constitution of the United States.
In 1776 the Continental Congress assigned Franklin to a commission tasked with writing a formal document to justify the decision of the colonies to cut political ties with Britain. Thomas Jefferson, John Adams, Robert Livingston and Roger Sherman were among the key members of the committee. Jefferson was given the task of writing the first draft by the committee. While a talented writer, Franklin took a back seat in drafting the paper, blaming poor health for his lack of participation.
hope this helps
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