84.5k views
3 votes
In a ________ economy, habit and custom determine the rules for all economic activity, and behavior is defined by the customs of their elders and ancestors.

User Meetarp
by
8.0k points

2 Answers

3 votes

Answer:

traditional

Step-by-step explanation:

User Mike Wojtyna
by
9.4k points
4 votes
This is known as a traditional economy, which the the type of economy that determines its economic activity based only on the customs and the rules made already by the ancestors and the previous way of life. Examples of traditional economies can be found in Nomadic tribes. 
User Bpn
by
8.2k points