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Which Countries Have Traditional Economy?

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Vikash Swaroop Profile
Vikash Swaroop answered
Traditional economics is mostly found in non-developed countries which have a large rural population and use traditional ways of doing business. The geographical location of these countries is mostly in Africa, some parts of Asia, Middle East and South America.

The people of these countries have not developed the method of doing business and they are still using the method of the earlier generations; their farming and hunting is done the way it was done generations before. In these economies, gender disparity is prevalent and males and females are assigned different roles and tasks.

One of the aspects that is a bane for traditional economies is their non-adaptation of new technology. They just could not evolve themselves as the whole world is evolving and stuck in a certain time-frame. And that is the reason why they are considered as the third world countries.
Anonymous Profile
Anonymous answered
Some of the rural area her in philippines
Anonymous Profile
Anonymous answered
Hey you all please don't post anything with no sense coz many people want an appropriate answers.....so be serious
Anonymous Profile
Anonymous answered
Jasmyn Burlock has a traditional economy in her back yard! She is the best person I have ever met in my life it is so great
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Anonymous answered
Come on dude that isn't true just someone answer my question... What is and example of a traditional economic place in the world, anyplace in the entire globe.
Reggie Bryant Profile
Reggie Bryant answered
Sorry man I don't know this question thats why I'm look for the answer. I'm on the computer at school right now lol
Anonymous Profile
Anonymous answered
That is soooooooooooo not true...the backyard thing...I mean r you serious....come on now

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