Amadeo      1      Defintion

• Its the combination of Agriculture, fishing, hunting, and gathring.
• Its controlled by traditions. 

Amadeo   2   Definition

• Since traditional economics centered around a family or tribe.
• Descicons about economics are based on traditions such as these.

Amadeo   3   Defintion

• Traditional economics in the modern times react with market economies.
• societies are owned by the community, and follow there belifs and traditions.
• They rely on on customs or traditions.

Amadeo   4   Definition

• Traditional economics rely on custom and tradition, tradidtional the distribution of resources is usually well known.

Amadeo   5   Definition

• Economics have elements of capitalism, socialism, and communism depending on how they are set up.
• They are usually less disructive. 
• They are usully very vulnerable to changes in nature.

Amadeo   6   Definition

• Economics still make things that are a result of the things that people beleive in and traditions.
• They normaly interact with other economies in order to sell and barter goods.
• Surplus is a rare thing.
• Tradition and peoples costoms and beleifs will always be perserved.
• They are very vulnerable.

Amadeo   7   Definition

• Even the most successful hunting based economies were advantages by poaching.
• Their market economy gave them weapons and a source of funding that the traditional economy.

Amadeo   8   Definition

• The United States had many aspects of a traditional economy before the Great Depression.

Amadeo   9   Definition

• Even the most successful hunting based economies were advantages by poaching.
• Their market economy gave them weapons and a source of funding that the traditional economy.

Amadeo   10   Definition

• Economics still make things that are a result of the things that people beleive in and traditions.
• They normaly interact with other economies in order to sell and barter goods.
• Surplus is a rare thing.
• Tradition and peoples costoms and beleifs will always be perserved.
• They are very vulnerable.