Describe 3 elements of a traditional economy like you might find in many Neolithic Civilizations.

A traditional economy is a system where traditions, customs, and beliefs help shape the goods and the services the economy produces, as well as the rules and manner of their distribution. Traditional economies often rely on a system of barter and trade rather than currency. Here are three elements that you might find in a traditional economy of Neolithic Civilizations:

1. Subsistence Agriculture: In a traditional economy, especially like those in Neolithic times, agriculture played a pivotal role. People engaged in subsistence agriculture, which means they grew crops and raised livestock primarily to meet the needs of their own family or community, rather than for trade or sale. They used simple tools and relied heavily on manual labor and organic farming methods. The agricultural practices were informed by traditional knowledge passed down through generations, often with a deep understanding of the local environment.

2. Barter System: Unlike modern economies, Neolithic civilizations operated largely without a standardized monetary system. Instead, they used a barter system in which people exchanged goods and services directly without the use of money. This meant that the trading process needed a mutual desire of exchange; for instance, a farmer with excess grain might exchange it with a herder for dairy products or meat.

3. Community-based production and distribution: Production and distribution in these economies were community oriented. There was a sense of collective ownership or communal rights to resources, such as land or water sources. Members of the community worked together to cultivate crops and tend to livestock, and the resources were distributed based on the community's customs and traditions. This element of the traditional economy fostered a strong sense of social cohesion and interdependence among members.