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The people in the Amazon rain forest are confined in their own world which means not very accessible by their counterparts in the other world. as a result, their economic system is what we can call traditional. They have their customs that determine who owns what type of property. It is the rituals and customers that defines the exchanging of goods and services.

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What is the economic system of bagobo tribe?

the economic system of bagobo tribe is they ar poor in the money but they are rich in the nature have you see that the bagobo is more richer all nature foods that's why they all strong and they could not sick!!!!


What are some economic activities of the Inuit tribe?

clooka roo GONGAeig shoonacloo wolfeihr translation: The man did not leave till the wolfe man had decided to leave the surface of the earth


Who owns the factors of production in a traditional economy?

The question is nonsensical. The factors of production require the existence of a consistent production, but this does not exist in a traditional economic system. All things that are produced are produced using common materials that are available to all and items are only created when they are necessary - not when a factory owner chooses to produce.


What type of economy do the bobo tribe people have?

The Bobo tribe, primarily found in Burkina Faso, practices a subsistence economy that revolves around agriculture and livestock rearing. They cultivate crops such as millet and sorghum and engage in small-scale trade within their communities. Additionally, they may participate in local markets, exchanging goods and services. This economy is closely tied to their cultural practices and communal living.


How does a traditional economy answer the three basic economic questions.?

SDD- you are thinking of a market economy.In a traditional economy handcrafts, farm animals and farming crops are produced.It is produced by the family unit or in small tribes/collectives all local to the area it is consumed in.

Related Questions

Where do the Yanomami lived?

The Yanomami tribe lives deep in the Brazilian Amazon Rain Forest


Where does the tribe live?

The Warani Tribe live in Ecuador in the Amazon rain forest.


Where does the warani tribe live?

The Warani Tribe live in Ecuador in the Amazon rain forest.


Where the yanomami lived?

The Yanomami are a tribe that live in the Amazon Rain-forest in Brazil.


What country does awa tribe live?

The Awa are an endangered indigenous group of people that live in the eastern Amazon forest of Brazil


What does the Greek Amazon have to do with the Amazon Rainforests of today?

The most accepted theory about the name of the Amazon Rain forest is that Spanish explorer Francisco de Orellana ran into a native tribe of the rain forest, whose women fought and hunted alongside the men. The women reminded him of the Greek Amazons, who were all fierce warriors, so he named the Amazon Rain forest after them.


What is the economic system of bagobo tribe?

the economic system of bagobo tribe is they ar poor in the money but they are rich in the nature have you see that the bagobo is more richer all nature foods that's why they all strong and they could not sick!!!!


Who are the manioc tribe?

the manioc is a amazon tribe


What is the main tribe that lives in the amazon?

the obamayuma tribe


Who are the kayapo tribe?

The kayapo tribe are a tribe that live in the amazon rainforest :) cx


Where do the tribe lived?

The Tribe live in the Amazon Rainforest ...... I think ??


Where do the caboclos tribe live?

The Tribe live in the Amazon Rainforest ...... I think ??