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Q: How does agricultural economy and traditional economy benefit the Namibian society?
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Yes the country of Madagascar has a traditional economy but it performs very poorly. The economy is primarily agricultural based.


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The government doesnâ??t have much of a role in a traditional economy. This type of economy tends to center around thriving agricultural villages where tradition takes precedent.


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The importance of the foreign capital inflows to the Namibian economy is that the foreign exchange is used for both the imports and exports. The foreign capital inflows is therefore very important.


How is a hunter gatherer economy different from an agricultural economy?

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What kind of economy does Argentina have?

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There are command economies, which you would find in a dictatorship or true monarchy, free economies, which you would find in Democracies or Republics, there is the mixed economy, Which is what we have, and finally there is the traditional economy which describes tribal and agricultural economies.