jamie took a school trip to africa to study the economy. in one village, he saw that the people performed only unskilled activities such as hunting and fishing. also, they did not use money to acquire goods. instead, they simply exchanged goods with each other. what type of economy does this village have?

4 hours ago 3
Nature

The village Jamie visited has a traditional economy. This is characterized by people performing unskilled activities such as hunting and fishing, not using money, and exchanging goods through barter rather than monetary transactions. Traditional economies rely on customs and simple methods, often involving subsistence-level activities where goods are produced mainly for direct consumption and exchanged within the community without the use of money