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1. Read the passage and then answer the next question.
Louisiana's first French settlers eagerly traded with nearby groups of Indians for food and other
items of value. In exchange for corn - and, later deerskins - the first colonists offered the Indians
French-made goods including axes, knives, blankets, shirts, mirrors, and needles.
What type of economic system is described in the passage?
mixed economy
traditional economy
market economy
IN
command economy
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