What was a common characteristic of Indigenous economies before European arrival?

Question

Option A
Market-driven economies

Option B
Relational economies based on trade and reciprocity

Option C
Industrialized agriculture

Option D
Centralized state-controlled commerce

Answer 1

Option B is the correct answer. Indigenous economies before European arrival were often characterized by relational economies based on trade and reciprocity. These systems relied on social networks and relationships, where the exchange of goods and services was rooted in mutual aid and cooperation rather than market-driven principles.