terrencepower99 terrencepower99
  • 13-06-2022
  • History
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What type of country would most likely have a traditional economy?

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pwziegler06 pwziegler06
  • 13-06-2022

Traditional economies are typically found in rural areas of developing second and third-world nations, often in Africa, Latin America, Asia, and the Middle East. Traditional economies center around a family or tribe. As in the routines of daily life, economic decisions are based on traditions gained through the experiences of the elders.

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