The disadvantages of a subsistence economy are quite a number. In most cases, the people in such an economy do not have the capacity to meet their basic needs.
Wiki User
∙ 2014-05-23 20:37:43subsistence economy is that food is not provided for its people they have to exchange it with fishing hooks and other things that are available in their community
This didint help me at all.
market economy
A subsistence economy is an economy which is based on gathering or amassment of valuable items; the increase in wealth; or the creation of wealth. So, basically, an example would be Canada, the United States, etc. Almost the whole world is a subsistence economy.
A commercial economy is an economy that has enough food and supplies left over when used, but a subsistence economy is an economy that has enough food. They don't have he extra left over like a commercial economy.
subsistence economy is that food is not provided for its people they have to exchange it with fishing hooks and other things that are available in their community
yes i believed th economy was subsistence yes i believed th economy was subsistence
This didint help me at all.
market economy
A subsistence economy is an economy which is based on gathering or amassment of valuable items; the increase in wealth; or the creation of wealth. So, basically, an example would be Canada, the United States, etc. Almost the whole world is a subsistence economy.
Market economy exists near urban areas of population whereas subsistence economy is an economy where rural areas are hub of economic activities
A commercial economy is an economy that has enough food and supplies left over when used, but a subsistence economy is an economy that has enough food. They don't have he extra left over like a commercial economy.
subsistence economy
subsistence economy
A subsistence economy is an economy which is based on gathering or amassment of valuable items; the increase in wealth; or the creation of wealth. So, basically, an example would be Canada, the United States, etc. Almost the whole world is a subsistence economy.
Traditional Economy
hunting and gathering