🎴 Flashcard Mode
Economic Systems and Structures
Card1 / 15
Mastered0
Review0
QuestionClick to flip
Which of the following is a characteristic of a traditional economic system?
AnswerClick to flip back
A
Barter as a primary means of exchange
💡 Explanation:
Traditional economic systems often rely on barter, where goods and services are directly exchanged for other goods and services, without the use of money.