the economic values of traditional tribal cultures are essentially the same", seven culturally and geographically diversified Native American tribes were investigated via library research. The tribes studied were: Mohawk and/or Iroquois (microthermal climate); Maricopa (tropical desert environment)
---- FARMING -----
Capitalism is the economic system based on private ownership and profit.
A tradition-based economic system is an economic system where economic decisions are based largely on cusom. The four economic questions are answered according to the traditions of the country. People produce and distribute goods in the ways that have been followed for hundreds of years by their ancestors.
Nothing
Economic decisions are based on supply and demand. A+
A traditional economic system would have to be a system based on the tradition of a particular region. that would imply that virtually every country has an economic system that is traditional.
the economic values of traditional tribal cultures are essentially the same", seven culturally and geographically diversified Native American tribes were investigated via library research. The tribes studied were: Mohawk and/or Iroquois (microthermal climate); Maricopa (tropical desert environment) ---- FARMING -----
Capitalism is the economic system based on private ownership and profit.
A tradition-based economic system is an economic system where economic decisions are based largely on cusom. The four economic questions are answered according to the traditions of the country. People produce and distribute goods in the ways that have been followed for hundreds of years by their ancestors.
capitalism: an economic system based on private ownership of capital socialism: an economic system based on stateownership of capital
Economic systems are based on the reflection on the values, assumptions and goals of a particular culture.
Nothing
Economic decisions are based on supply and demand. A+
The Ten Commandments
A traditional economic system would have to be a system based on the tradition of a particular region. that would imply that virtually every country has an economic system that is traditional.
capitalism
Communism
An economy based on custom or tradition.