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Activity 2

1. Give 2 Terms that you learned in the entire subject (SS1D) and explained them in your
own words. Give At least one (1) example for each term.

Traditional Economy – As I remember, traditional economy is a fundamental economic structure


where customs and traditions play a major role in dictating how trade and commerce are
conducted. The community participates in a variety of activities to produce the goods or services
that are needed by the rest of the community. Also, the kind of commodities and services that
will be produced, how they will be produced, and how they will be dispersed among the
population are all determined by custom and culture.

Culture globalization – For me, cultural globalization is the term used to describe the quick
transfer of concepts, attitudes, meanings, values, and cultural products across international
boundaries. In simple word it promotes the increase in the exchange of values and ideas.

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