What is Traditional Economy

A traditional economic system is one that is founded on ancient practices, historical precedents, and long-held beliefs. A traditional economy is a type of economic system in which the commodities and services that are produced by the economy, as well as the rules and manners in which they are distributed, are influenced by the traditions, practices, and beliefs that are prevalent in the economy. There is a strong correlation between this type of economic structure and rural and agriculturally-based nations. Bartering and trading are the defining characteristics of a traditional economy, which is often referred to as a subsistence economy. When there is a small surplus of products produced, they are often distributed to a controlling authority or landowner. If there is any surplus of goods, they are also distributed.

How you will benefit

(I) Insights, and validations about the following topics:

Chapter 1: Traditional economy

Chapter 2: Economy of Haiti

Chapter 3: Subsistence agriculture

Chapter 4: Economic system

Chapter 5: Dependency theory

Chapter 6: Subsistence economy

Chapter 7: Mangyan

Chapter 8: Plantation economy

Chapter 9: Dual economy

Chapter 10: Moral economy

Chapter 11: Antebellum South

Chapter 12: Economy

Chapter 13: Nutritional anthropology

Chapter 14: Transition economy

Chapter 15: Spheres of exchange

Chapter 16: Agriculture in Costa Rica

Chapter 17: Peasant economics

Chapter 18: Political economy in anthropology

Chapter 19: Formalist-substantivist debate

Chapter 20: Archaeology of trade

Chapter 21: Work (human activity)

(II) Answering the public top questions about traditional economy.

(III) Real world examples for the usage of traditional economy in many fields.

Who this book is for

Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of traditional economy.

Economics