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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.
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What are the level of production?
th evels of productions are subsistence,domestic or export level
What is intensivesubsistence farming?
Intensive subsistence farming is the maximization of food production.
Explain the three levels of production where business activity takes place and the main factors to be takes into account when choosing the location of a factory?
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.
What is the production of agricultural products destined primarily for direct consumption by the producer rather than for market called?
Subsistence Agriculture
What is export level of production?
Export level production is the production of goods and services for the sole purpose of exporting
What are the level of production?
th evels of productions are subsistence,domestic or export level
What are the bases of production decisions in subsistence economy?
because of the scarcity
What is intensivesubsistence farming?
Intensive subsistence farming is the maximization of food production.
What is most of the land of Africa used for?
wheat production. and subsistence agriculture
What is the land in most of north Africa used for?
wheat production. and subsistence agriculture
What does traditional subsistence agriculture mean?
production of agricultural products for home consumption
What are the three levels of production?
Core customer value actual product augmented product
Diasdvanteges Direct production?
Is the production of products for personal use or own use No surpluses are produced For example subsistence farming
Explain the three levels of production where business activity takes place and the main factors to be takes into account when choosing the location of a factory?
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.
What kind of farming only produces enough food for your own family?
It is called subsistence farming.
What is the standard of living in Ethiopia?
Generally poor, subsistence level at best.
Role of agriculture?
agriculture provides basis of subsistence for the population by production of food and new matrial.
