Answer :
Something that tends to discourage people from doing something else is known as traditional economic.
What does "traditional economy" mean?
A traditional economic structure is founded on long-held beliefs, history, and customs. A traditional economy is one in which social norms, cultural practices, and religious beliefs influence both the products and methods of distribution that are produced by the economy.
What are the pros and cons of the traditional economy?
In a traditional economy, societal norms, values, and traditions will have an impact on the goods and services produced. Rural or agricultural societies frequently employ this economic system. There are no changes made to the benefits or drawbacks of the traditional economy.
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