Dictionary.com
Thesaurus.com

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

Confidence: high

Results generated using artificial intelligence.

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.

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

Issued by a variety of firms that are currently only lightly regulated through a patchwork of state rules, stablecoins serve as something of a bridge between cryptocurrency markets and the traditional economy.

From New York Times Sep. 23, 2021

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

Try Another AI-Powered Search:

Was this page helpful?

Want a definition from our experts?