traditional economy

is not in our dictionary (yet). Here's what it could mean:

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noun

An economic system in which customs, beliefs, and historical precedent dictate how goods and services are produced, distributed, and consumed, often relying on agriculture, fishing, and hunting with barter as a primary means of exchange.

Example Sentences

Examples are provided to illustrate usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

"There's obviously Dario, there's Sam Altman, there's still your Jamie Dimons and your Bernard Arnaults of the traditional economy," says Stephen Henriques, a senior fellow at the Yale Chief Executive Leadership Institute.

From Barron's ● Oct. 2, 2026

Pat Duffy, who left the nonprofit world to co-found the Giving Block, said in an interview that charitable giving is likely to be the way crypto becomes integrated into the traditional economy.

From Washington Post ● Mar. 31, 2022

Thesaurus

Possible Synonyms

non-monetary system
barter system
primitive communism
agrarian economy
custom-based system

Possible Antonyms

mixed economy
industrialized system
market economy
command economy
capitalist framework