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Making just enough to live... so being able to pay the bills and buying food and that's about it.
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∙ 10y ago
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What are some problems when subsistence farming?
Some problems wit subsistence farming are...1 small area of land 2 productivity and efficiency 3 decision making freedom 4 huge waste of resources 5 income and level of living
What is subsistence affluence?
Subsistence affluence is achievement of a good standard of living through reliance on self-sufficiency in local foods and with little cash income.
What are the level of production?
th evels of productions are subsistence,domestic or export level
What is subsistence level of production?
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.
What is the primary determinant of the level of consumption and saving in the economy?
the level of income
What is the main source of income in a subsistence economy?
agriculture.
What are some problems when subsistence farming?
Some problems wit subsistence farming are...1 small area of land 2 productivity and efficiency 3 decision making freedom 4 huge waste of resources 5 income and level of living
What is subsistence affluence?
Subsistence affluence is achievement of a good standard of living through reliance on self-sufficiency in local foods and with little cash income.
What are the level of production?
th evels of productions are subsistence,domestic or export level
What is a commercial crop raised for income rather than subsistence crop raised for the use of the farmer and his family?
Cacao is a commercial crop raised for income rather than a subsistence crop raised for the use of the farmer and his family.
What is a commercial crop raised for income rather than a subsistence crop raised for the use of the farmer and his family?
Cacao is a commercial crop raised for income rather than a subsistence crop raised for the use of the farmer and his family.
Subsistence farming can best be defined as?
Subsistence farming is a practice where farmers grow crops and raise animals primarily to feed themselves and their families, rather than for commercial sale. This type of farming typically involves small plots of land and traditional farming methods.
What is the standard of living in Ethiopia?
Generally poor, subsistence level at best.
What is subsistence level of production?
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.
What was the difference between cash cropping and subsistence farming?
Cash cropping involves growing crops primarily for sale in markets or for profit, while subsistence farming focuses on growing crops for the sole purpose of feeding oneself and one's family. Cash cropping is more commercial and market-driven, aiming to generate income, while subsistence farming is more self-sufficient and focused on meeting basic food needs.
What does income level mean?
what does income level mean?
What is the primary determinant of the level of consumption and saving in the economy?
the level of income
