Economy dominated by methods and techniques that have strong http://wiki.answers.com/# support even though they may be old-fashioned or out of date. In ENGLISH it means techniques pased down from...
people in traditional economies accept change easily A traditional economy is a very underdeveloped economy that often depends on agriculture as its main base. Perhaps hearkening back to its agrarian...
Traditional economics could be related to neoclassical economics. Where individuals are altruistic. Basically everyone is out to compete and make a profit. It also categorizes and analyzes the social...