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Which of these is a characteristic of a strong economy?
there are several signs:High level of output and trade.High level of effective demand.High level of income and employment.Rising interest ratesInflation.Large expansion of bank credit.Overall business optimism.the opposite of this is true for a weak or recessive economy
How is subsistence farming different from commercial farming?
The subsistence farming is practiced to fulfill the basic food requirements of farmer's family where as commercial farming include to earn more after selling the final products of cultivated crops.We can find subsistence farming pattern in remote and tribal areas where the economy level of farmers is very low as well as resources are very limited.
What are the level of production?
th evels of productions are subsistence,domestic or export level
Why is a high level of subsistence agriculture a characteristic of less developed countries?
A high level of subsistence agriculture in less developed countries is primarily due to limited access to modern technology, capital, and infrastructure, which hampers agricultural productivity and economic diversification. Many rural communities rely on subsistence farming to meet their basic food needs, as they often lack access to markets and resources for commercial agriculture. Additionally, social and cultural factors, such as traditional practices and land tenure systems, further reinforce the reliance on subsistence farming. This often results in lower incomes and economic stagnation, perpetuating the cycle of poverty.
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.
Which is most characteristic of a society with a subsistence-level economy?
a large percentage of the population engaged in farming
Which of these is a characteristic of a strong economy?
there are several signs:High level of output and trade.High level of effective demand.High level of income and employment.Rising interest ratesInflation.Large expansion of bank credit.Overall business optimism.the opposite of this is true for a weak or recessive economy
How is subsistence farming different from commercial farming?
The subsistence farming is practiced to fulfill the basic food requirements of farmer's family where as commercial farming include to earn more after selling the final products of cultivated crops.We can find subsistence farming pattern in remote and tribal areas where the economy level of farmers is very low as well as resources are very limited.
What are the level of production?
th evels of productions are subsistence,domestic or export level
What is the standard of living in Ethiopia?
Generally poor, subsistence level at best.
How did great depression change peoples view about government?
The Great Depression caused people to look for the government to provide a basic safety net in times of economic downturn. People also wanted to see some form of a subsistence level of help from the government for those in the lowest tier of society.
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.
Which nation has a socialist command economy?
There can be no such thing. Socialism is a classless stateless society based on production for use, with no. only or prices, hence no economy. And it will have to be introduced at a global level.
How does structural functionalism work at a macro level?
Structural functionalism at a macro level focuses on how social structures and institutions work together to maintain stability and order in society. It views society as a complex system with various parts that contribute to its overall functioning. At a macro level, structural functionalism examines how different social institutions (e.g., government, education, economy) interact to meet the needs of society as a whole.
What are the main features of a traditional economy?
An underdeveloped economy in which communities use primitive tools and methods to harvest and hunt for food, often resulting in little economic growth. Traditional economies are often found in rural regions with high levels of subsistence farming. Countries that evolve their economies past the traditional level often develop into market economies or command economies.
What is the definition of tradition-based economy?
An underdeveloped economy in which communities use primitive tools and methods to harvest and hunt for food, often resulting in little economic growth. Traditional economies are often found in rural regions with high levels of subsistence farming. Countries that evolve their economies past the traditional level often develop into market economies or command economies.
How do you get level 100 in pet society with cheat?
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