Characteristics
Is barter used in this economy?
Yes, trade and barter are used
Do they understand their role in the economy?
Yes, each person usually understands what their role is
How are they affected during off-season?
They often starve, because of lack of food
Do they exist in rich "developed" countries?
No, they are usually found in poorer counties
What are they based off of?
Hunting, Agriculture, fishing, gathering
Is there waste?
No, they consume whatever they produce or gather
Does a traditional economy isolate people?
Yes, the farming differs from country to country
Does anyone in North America use this economy?
Yes, the Inuit in Alaska use it
How do the families live in this economy?
They often live in families or tribes
Is there a positive impact on the environment?
yes, there is less destruction to the land because it is usually based on farming
Are there health risks?
Yes, It is isolated so you don't get immunity
What continent has the most traditional economies?
Africa
Are they sedentary?
No, they often follow herd or animals in order to sustain their economy
Does it have a positive affect with peoples mental health?
Yes, these economies reinforce peoples personal pride
Are there opportunities to grow it?
No, Because you will most likely take after what your parents do, and there are few choices in the first place
Do island countries use this economy?
Yes, Haiti and other island countries still highly practice it