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A traditional economy is a loosely defined term sometimes used for older economic systems in economics and anthropology. It may imply that an economy is not deeply connected to wider regional trade networks; that many or most members engage in subsistence agriculture, possibly being a subsistence economy; that barter is used to a greater frequency than in developed economies; that there is ...
The tribes of the Iroquois Confederacy and other Northern Huron had their traditional territory in what is now New York State and the southern areas bordering the Great Lakes. The confederacy was originally composed of five tribes; the Mohawk, Onondaga, Oneida, Cayuga, and Seneca, who had created an alliance long before European contact .
The Moka is a highly ritualized system of exchange in the Mount Hagen area, Papua New Guinea, that has become emblematic of the anthropological concepts of "gift economy" and of "Big man" political system. Moka are reciprocal gifts of pigs through which social status is achieved.
The economy of ancient Greece was defined largely by the region's dependence on imported goods. As a result of the poor quality of Greece 's soil , agricultural trade was of particular importance. The impact of limited crop production was somewhat offset by Greece's paramount location, as its position in the Mediterranean gave its provinces ...
Prior to the arrival of the European settlers in the 17th century the economy of what was to become South Africa was dominated by subsistence agriculture and hunting. [1]In the north, central and east of the country tribes of Bantu peoples occupied land on a communal basis under tribal chiefdoms.
Planned economy ("hands on" systems, such as state socialism, also known as "command economy" when referring to the Soviet model) Other types: Traditional economy (a generic term for older economic systems, opposed to modern economic systems) Non-monetary economy (without the use of money, opposed to monetary economy)
Trump was labeled 'isolationist' over disdain for alliances. That doesn't fit a president who says he's willing to send troops to Gaza, Greenland and Panama to grab prime real estate.
The Erlitou dominated northern China and are identified with the Xia dynasty, the first dynasty in traditional Chinese historiography. Erlitou was followed by the Shang and Zhou dynasties, which developed a manorial economy similar to that of medieval Western Europe.