What does traditional economy mean?
Definitions for traditional economy
tra·di·tion·al econ·o·my
Here are all the possible meanings and translations of the word traditional economy.
Did you actually mean traditionalism?
Freebase
Traditional economy
A traditional economy is any historical subsistence economy or one that otherwise falls outside the definitions of market or planned economies. A PURE traditional economy has NO changes in how it is done. Examples of traditional economies include those of the Inuit or those of the tea plantations in south India. Traditional economies are popularly conceived of as "primitive" or "undeveloped" economic systems, having tools or techniques seen as outdated. As with the notion of contemporary primitiveness and with modernity itself, the view that traditional economies are backwards is not shared by scholars in economics and anthropology. Traditional economies may be based on custom and tradition or command, with economic decisions based on customs or beliefs of the community, family, clan, or tribe.
Numerology
Chaldean Numerology
The numerical value of traditional economy in Chaldean Numerology is: 2
Pythagorean Numerology
The numerical value of traditional economy in Pythagorean Numerology is: 6
Translations for traditional economy
From our Multilingual Translation Dictionary
Get even more translations for traditional economy »
Translation
Find a translation for the traditional economy definition in other languages:
Select another language:
- - Select -
- 简体中文 (Chinese - Simplified)
- 繁體中文 (Chinese - Traditional)
- Español (Spanish)
- Esperanto (Esperanto)
- 日本語 (Japanese)
- Português (Portuguese)
- Deutsch (German)
- العربية (Arabic)
- Français (French)
- Русский (Russian)
- ಕನ್ನಡ (Kannada)
- 한국어 (Korean)
- עברית (Hebrew)
- Gaeilge (Irish)
- Українська (Ukrainian)
- اردو (Urdu)
- Magyar (Hungarian)
- मानक हिन्दी (Hindi)
- Indonesia (Indonesian)
- Italiano (Italian)
- தமிழ் (Tamil)
- Türkçe (Turkish)
- తెలుగు (Telugu)
- ภาษาไทย (Thai)
- Tiếng Việt (Vietnamese)
- Čeština (Czech)
- Polski (Polish)
- Bahasa Indonesia (Indonesian)
- Românește (Romanian)
- Nederlands (Dutch)
- Ελληνικά (Greek)
- Latinum (Latin)
- Svenska (Swedish)
- Dansk (Danish)
- Suomi (Finnish)
- فارسی (Persian)
- ייִדיש (Yiddish)
- հայերեն (Armenian)
- Norsk (Norwegian)
- English (English)
Word of the Day
Would you like us to send you a FREE new word definition delivered to your inbox daily?
Citation
Use the citation below to add this definition to your bibliography:
"traditional economy." Definitions.net. STANDS4 LLC, 2022. Web. 29 Jun 2022. <https://www.definitions.net/definition/traditional+economy>.
Discuss these traditional economy definitions with the community:
Report Comment
We're doing our best to make sure our content is useful, accurate and safe.
If by any chance you spot an inappropriate comment while navigating through our website please use this form to let us know, and we'll take care of it shortly.
Attachment
You need to be logged in to favorite.
Log In