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Traditional Economies

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

Traditional economies depend on agriculture, fishing, hunting and gathering

a)

False

b)

True

2.

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

a)

fish

b)

bitcoin

c)

money

d)

tools

3.

Most traditional economies can be found in....

a)

Developed countries

b)

Developing countries

4.

New technology is always welcomed in traditional economies?

a)

true

b)

false

5.

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

a)

Command Agriculture

b)

Cottage Agriculture

c)

Market Agriculture

d)

Subsistence Agriculture

6.

Subsistence Farming generates ALOT of $$

a)

true

b)

false

7.

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

a)

cottage industries

b)

subsistence industries

c)

market industries

d)

command industries

8.

The Amish culture are reluctant to use

a)

horses

b)

modern technology

c)

money

d)

bartering

9.

Traditional economic systems are closely tied to....

a)

customs and practices handed down by generations to the next

b)

money handed down by generations to the next

c)

technology advancement handed down by generations to the next

d)

Luke Combs, Luke is always the answer

10.

Indigenous peoples culture are an example of traditional economies?

a)

true

b)

false