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Subsistence refers to the minimum level of resources necessary to maintain life and support basic needs, such as food, shelter, and clothing. It sustains individuals and communities by providing the essential means for survival, often through activities like farming, hunting, or gathering. Subsistence practices can also foster self-sufficiency and resilience, allowing people to adapt to their environmental conditions and cultural contexts. In broader terms, subsistence sustains not just physical life but also cultural identities and social structures.

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4w ago

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Please visit the Wikipedia link below. It explains subsistence wage, AKA the subsistence theory of wages.http://en.wikipedia.org/wiki/Subsistence_theory_of_wages


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Please visit the Wikipedia link below. It explains subsistence wage, AKA the subsistence theory of wages.http://en.wikipedia.org/wiki/Subsistence_theory_of_wages


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