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19 votes
19 votes
In this economy, community members typically use simple tools to plant and harvest crops. Food supplies are supplemented by hunting animals and gathering plant materials. Members trade with each other to obtain needed goods, as few people hold currency. Little economic growth occurs.

What type of economy is being described?

User CPhil
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1 Answer

10 votes
10 votes

Answer:

A traditional economy

Step-by-step explanation:

A traditional economy is an economic system in which traditions, customs, and beliefs help shape the goods and services the economy produces, as well as the rule and manner of their distribution. Countries that use this type of economic system are often rural and farm-based.

User Brijber
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