What are some of the reasons that a traditional economy can lead to economic stagnation?

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asked Sep 11, 2018 27.8k views

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Rik Van Den Berg · Answer 1 · 2018-09-18T08:34:51+0000

Because traditional economies are characterized as being primarily agricultural, they are prone to stagnation since they rely heavily on weather, which can be unpredictable and pragmatic.

What are some of the reasons that a traditional economy can lead to economic stagnation?

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