Question

So long as mankind lived by raising crops and herding animals, there was not much need for measuring small units of time. The seasons were all important-to know when to expect the rain, snow, the sun, the cold. Why bother with hours and minutes?Daylight was the only important time, the only time when men could work." This passage describes _________ economic system.

Answer 1

traditional economic system

Step-by-step explanation:

Traditional economy refers to the economic system wherein values, traditions and customs contribute to shaping the products created by the system, and also the laws and forms of their transmission.

Countries taking advantage of this type of economic system are very often agricultural and farming dependent. A traditional economy, also known as a subsistence financial system, is characterized by trade and haggling.