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3. Which of the following is an example of a traditional economy?

O The vast majority of people in Country C are involved in hunting and fishing, though there are some farmers too. There ar
farmers in exchange for food.
O Country A relies on oil for most of its national income.
The majority of people in Country B work in factories under very poor conditions for little pay.
O The population of Country D is involved in a wide array of professions, including agriculture, service industries, technology

User Deotyma
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1 Answer

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Final answer:

An example of a traditional economy is when the vast majority of people in Country C are involved in hunting and fishing, with some farmers too.


Step-by-step explanation:

An example of a traditional economy is when the vast majority of people in Country C are involved in hunting and fishing, with some farmers too. This means that the economy is based on traditional methods of subsistence where people rely on natural resources for their livelihoods. In this type of economy, goods and services are exchanged through barter, such as farmers trading their crops for food.


Learn more about Traditional Economy

User Mirhagk
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