Economics Traditional Economy Questions
In a traditional economy, the handling of natural disasters is typically based on the community's customs, traditions, and collective efforts. When a natural disaster occurs, the community comes together to support and assist those affected. This can involve providing shelter, food, and other necessary resources to the affected individuals and families. Traditional economies often rely on strong social networks and mutual aid systems to cope with such situations. Additionally, the community may engage in practices such as rebuilding damaged infrastructure, replanting crops, and restoring livelihoods through traditional methods and knowledge.