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traditional economy

noun

/trəˈdɪʃ.ən.əl ɪˈkɒn.ə.mi/

Meaning

An economic system based on customs and traditions, often involving barter trade.

Tribes still practice a traditional economy based on barter trade.

Subsistence Economy, Barter System, Rural Economy

Industrial Economy, Modern Economy, Market Economy

a cloth spread over a coffin; a dark covering that creates a gloomy atmosphere

Being satisfied with current state and not trying to improve.

A state of uncontrolled excitement or wild behavior

a yellow flowering plant with leaves shaped like a horse's hoof, also known as coltsfoot

a person who pretends to have knowledge or skills that they do not really possess; a fraud

a thing that is or may be chosen; an alternative course of action