Question

Which of the following groups of people have a traditional economy?

a
b
Od
Australian Aborigines
North Koreans
Chinese factory workers
medieval peasants

Answer 1

Od Australian Aborigines and medieval peasants have a traditional economy.

Step-by-step explanation:

The traditional economy is a system where economic decisions and production are based on custom, tradition, and cultural practices. It is characterized by limited specialization and the use of simple tools and techniques. From the given options, the groups of people that have a traditional economy include:

• Od Australian Aborigines
• medieval peasants

These groups rely on subsistence farming, herding, and fishing to meet their basic needs and have a minimal exchange of goods and services.

Learn more about Traditional economies