A subsistence level of production is the bare minimum level of production that is needed. This concept can be applied to different situations. In the context of agriculture or farming, subsistence farming is the farmer produces enough food to feed the family and no more. Subsistence farming implies that the farmer and the farmer's family consumes as much as is produces and there is no surplus production. Subsistence farming continues to exist in parts of Latin America and Asia where there are still large quantities of peasants and villages. This concept can also be loosely applied to the means of production where subsistence level of production is producing enough to keep producing for the next cycle of production in which production is producing no profits but the firm is also not losing money.
th evels of productions are subsistence,domestic or export level
Intensive subsistence farming is the maximization of food production.
The 3 levels of production where business activity takes place are: 1. Subsistence level 2. Surplus level and 3. Domestic level. The main factors to be taken into account when choosing the location of a factory are: land, labour and capital.
Subsistence Agriculture
Export level production is the production of goods and services for the sole purpose of exporting
th evels of productions are subsistence,domestic or export level
because of the scarcity
Intensive subsistence farming is the maximization of food production.
wheat production. and subsistence agriculture
wheat production. and subsistence agriculture
Traditional subsistence agriculture refers to a farming practice where people grow crops and raise livestock primarily to feed themselves and their families, rather than for commercial purposes. This form of agriculture is typically small-scale and relies on simple techniques without the use of advanced technology or large machinery. It is a way of life that has been passed down through generations and often involves growing a variety of crops to ensure food security.
Core customer value actual product augmented product
Is the production of products for personal use or own use No surpluses are produced For example subsistence farming
The 3 levels of production where business activity takes place are: 1. Subsistence level 2. Surplus level and 3. Domestic level. The main factors to be taken into account when choosing the location of a factory are: land, labour and capital.
It is called subsistence farming.
Generally poor, subsistence level at best.
Agriculture plays a critical role in providing food, fiber, and other resources essential for human survival. It also contributes to economic development, employment, and environmental sustainability. Additionally, agriculture can impact social and cultural aspects of society by shaping rural landscapes and communities.