river bank (river banks plural) , riverbank A river bank is the land along the edge of a river. n-count. river basin (river basins plural) A river basin is the area of land from which all the water flows into a particular river.
Map of the global distribution of economic and physical water scarcity as of 2006. Scarcity is the fundamental economic problem of having seemingly unlimited human wants in a world of limited resources. It states that society has insufficient productive resources to fulfill all human wants and needs.
From Wikipedia, the free encyclopedia. A traditional economy is an original economic system in which traditions, customs, and beliefs shape the goods and the services the economy produces, as well as the rules and manner of their distribution. Countries that use this type of economic system are often rural and farm-based.