Final answer:
A traditional economy is based on agriculture and the barter system.
Step-by-step explanation:
A traditional economy is based on Agriculture and the barter system. In a traditional economy, the primary economic activity is farming or agriculture. People produce what they need to survive and rely on the barter system, trading goods and services without the use of money. A good example of a traditional economy is found in some Indigenous communities around the world, where families grow their own food and exchange surplus products with others in their community.
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