Traditional
Economies
- Traditional economies
are found in rural, non-developed countries
- Some parts of Asia,
Africa, South America and the Middle East have traditional
economies
- Customs govern the
economic decisions that are made
- Technology is not used
in traditional economies
- Farming, hunting and
gathering are done the same way as the generation
before
- Economic activities
are usually centered toward the family or ethnic
unit
- Men and women are
given different economic roles and tasks