Traditional Economies

Traditional economies depend on agriculture, fishing, hunting and gathering

• False

• True

Bartering is the exchange goods or services for other goods or services without using

• fish

• bitcoin

• money

• tools

Most traditional economies can be found in....

• Developed countries

• Developing countries

New technology is always welcomed in traditional economies?

• true

• false

self-sufficiency farming in which the farmers focus on growing enough food to feed themselves and their families.

• Command Agriculture

• Cottage Agriculture

• Market Agriculture

• Subsistence Agriculture

Subsistence Farming generates ALOT of $$

• true

• false

businesses or manufacturing activities that take place in a person's home

• cottage industries

• subsistence industries

• market industries

• command industries

The Amish culture are reluctant to use

• horses

• modern technology

• money

• bartering

Traditional economic systems are closely tied to....

• customs and practices handed down by generations to the next

• money handed down by generations to the next

• technology advancement handed down by generations to the next

• Luke Combs, Luke is always the answer

Indigenous peoples culture are an example of traditional economies?

• true

• false