Traditional economies do not use ______ as a medium for trade.

Traditional economies do not use money or currency as a medium for trade.
Instead, such economies would use barter as the main medium for trade. This means that people would simply exchange goods for goods, without using money.

Answered by JPiv | 2024-06-10

Traditional economies do not use money as a medium for trade.**
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Before money was even created, they followed the Barter system. But nowadays countries even buy stuff on loan.**
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Answered by TSO | 2024-06-10

Traditional economies do not use money as a medium for trade, relying instead on bartering where goods and services are exchanged directly. The barter system can be complicated due to the need for both parties to want each other's goods. This type of economy highlights historical trade practices still present in some modern communities.
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Answered by JPiv | 2025-01-14