Which economic system would be the best match for the people described in the text?

Understand the Problem

The question asks us to identify the economic system that best aligns with the description of nomadic hunter-gatherer societies provided in the text. The text describes a system based on family or tribe, tradition, and limited trade, operating within the constraints of natural resource availability.

More Information

The text describes a hunter-gatherer society that relies on family or tribal traditions to regulate daily life and make economic decisions. This aligns with the characteristics of a traditional economic system.

Tips

Focus on the key characteristics described in the text such as the importance of traditions and family/tribal structures to guide economic activity.

Sources

• Economic system - Wikipedia - en.wikipedia.org
• Economic System | Overview, Types & Examples - Lesson - Study.com - study.com