Traditional Economic System?

Answer

A traditional economic system is used often in rural and farm-based areas. It is a system where traditions, beliefs and customs shape the good and products that are created. This is also known as subsistence economy.
1 Additional Answer
Ask.com Answer for: Traditional Economic System
What Is a Traditional Economic System?
A traditional economic system is one that is built on time-tested modes of exchange and commerce, such as agriculture and direct trade with community members and neighbors. According to EconomyWatch.com, 400 million people still use traditional economic... More »
Source: www.ehow.com
Q&A Related to "Traditional Economic System?"
The history of traditional economic systems is the story of organic modes of exchange in closely knit communities. This was the dominant mode of exchange since Neolithic (early agricultural
http://www.ehow.com/about_6127754_traditional-econ...
Decision are made based on what has been done in the past. People organize their economic choices following custom and tradition. you are crazy this is not the answer people have
http://wiki.answers.com/Q/Which+best+illustrates+t...
A traditional economy is a system where traditions, customs and belief systems
http://www.chacha.com/question/what-is-a-tradition...
An economic system is the overall network of production, consumption and everything in between. It is how everything works in the overall economy.
http://answers.ask.com/Reference/Dictionaries/what...
Explore this Topic
A traditional economic system is used often in rural and farm-based areas. It is a system where traditions, beliefs and customs shape the good and products that ...
A traditional economic system is one that is based primarily upon a culture's own unique belief system, practices and traditions. Therefore, the goods most often ...
Of a community has a traditional economic system, that means that products and services are bought and paid for with the local currency. A barter economic system ...
About -  Privacy -  AskEraser  -  Careers -  Ask Blog -  Mobile -  Help -  Feedback © 2014 Ask.com