What are characteristics of a traditional economy FOUR AWNSERS

raditional economies are often based on one or a few of agriculture, hunting, fishing, and gathering.

Barter and trade is often used in place of money.

There is rarely a surplus produced. In other words, most of the goods and services are fully used.

Often, people in a traditional economy live in families or tribes.

Societies may follow herds of animals in order to hunt and sustain those in the traditional economy.

Many people progress from hunters to farmers where they can place permanent structures and start a society

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