True or False
Traditional economies are based on protecting private companies
False
Fill in the blank
A traditional economy is where _____ and ______ are used to make economic decisions and goods
customs, traditions
Traditional economies use_______ to produce their goods
1. factories
2. farming
3. private ownership
2. farming
True or False
Can seasonal changes disrupt a traditional economy?
True
True or False
Traditional economies usually have a bartering system
True
True or False
traditional economies have close-knitted communities
True
Which statement is false?
Pros of traditional economies
1. trade with other countries isn't needed
2. stimulates economic growth
3. less threat to the environment
2. stimulates economic growth
True or false
there are a vast amount of jobs in traditional economies
False
which country is a traditional economy?
1. Haiti
2. Russia
3. Eygpt
1. Haiti
How many of these countries below are examples of traditional economies?
2