A subsistence economy is an economy directed to basic subsistence (the provision of sufficient food, clothing and shelter to sustain life) rather than oriented to sustaining a market in essential and desirable assets. == Definition == "Subsistence" is understood as supporting oneself and one's family at a minimum level.
A subsistence economy is an economy directed to basic subsistence (the provision of sufficient food, clothing and shelter to sustain life) rather than oriented to sustaining a market in essential and desirable assets. == Definition == "Subsistence" is understood as supporting oneself and one's family at a minimum level.
Source: Wikipedia "Subsistence economy" · CC BY-SA 4.0
Share this article: X · Bluesky