traditional economy is not in our dictionary (yet). Here's what it could mean:
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noun
Example Sentences
Examples are provided to illustrate usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
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
The country has a relative lack of dependence on the international financial system, because most Afghans do not have bank accounts and largely operate outside the traditional economy.
From Washington Post • Aug. 19, 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