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An economy that is usually centered mainly on meeting people's basic needs is known as a subsistence economy. In a subsistence economy, production is primarily focused on providing for the necessities of life such as food, shelter, and clothing. This type of economy typically involves minimal trade or surplus production beyond what is required for immediate consumption. Subsistence economies are often found in rural or developing regions where resources are limited and the focus is on survival rather than profit.
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What type of economy is usually centered mainly on meeting people's basic needs?
traditional
What leader envisioned the American economy as one based mainly on farming and agriculture?
Thomas Jefferson was the leader that envisioned the American economy as one based mainly on farming and agriculture.
What is New York's economy like?
it was mainly a fishing port.
Where does The agricultural region Argentina's economy depends on?
pampas landmark was the agricultural region argentina's economy was mainly dependent on..
Advantages and disadvantages of black money?
there are more disadvantage are there mainly poor peoples becomes very poor and rich peoples becomes very ricc we must have to stop this type of activities
What type of economy is usually centered mainly on meeting people's basic needs?
traditional
Is New Zealands economy mainly industrial?
No. New Zealand's economy is mainly agricultural.
Who is the mark of Athena about?
The Mark of Athena is mainly centered around Annabeth.
What type of economy did the Mayan have?
The Mayas economy consisted mainly of food and agriculture.
How was the Roman economy?
It was a good economy and was never terribly complex. they mainly were farmers and their economy was based on feeding all citizens!
What leader envisioned the American economy as one based mainly on farming and agriculture?
Thomas Jefferson was the leader that envisioned the American economy as one based mainly on farming and agriculture.
What is the base of Egypt's economy?
Egypt's economy is based mainly on agriculture, media, petroleum exports, and tourism.
The Nile River was essential to live in which civilizations?
Mainly the peoples of Egypt and Sudan.
What is New York's economy like?
it was mainly a fishing port.
Can you use political in a sentence?
The discussion was mainly centered on Bob's political views and how much they differed from Sandy's.
Is the mining industry in the western us was mainly centered around iron ore?
yes it is.it has fkahflsdfujsdkl
Which international markets are mainly targeted by south Africa and why?
mainly shoes
