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Q: Why is subsistence economy not a satisfying way of life?
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Continue Learning about Economics

The four major economic shifts the US has experienced?

· Service Based Economy: Is the economy we were in during the 1600's because the colonists bartered and traded goods.· Agricultural Based Economy: In this economy during the 1700's farming was a common way of life so this was a easy way of life.· Industrial Based Economy: In the mid 1859's big machines were build which stated the industry based economy.· Service Based Economy: With the computer now more advanced information moved around a lot faster, and the way goods an services were produced an sold this created the service based economy.


Does ethical investing help the economy?

Ethical investments may not help the economy financially but it goes a long way to better people's sense of well being, life, health and the society as a whole, which in turn helps the economy.


What is the definition for subsistence economy?

A subsistence economy, is an economy in which the people barely meet their everyday needs. It is often seen as a major factor for poverty in developing nations. This is because the people of the society do not trade with other groups, this may be for a vary of reasons but a major one being their isolation. If the people of the society do not produce enough food, or not a variety the people will become sick and contract disease. This type of living is poverty. The people also do not have everyday items that we take for granted, such as ipods, TV's, computers, fashionable clothes and shopping malls. This is because the people do not produce enough surplus to trade with, sometimes not even producing a surplus at all.


What is transitional economy?

A transitional economy is an economy moving from a central command economy to a free market economy (or the other way around.)


What is enconmy?

Do you Mean Economy? if you do Economy is Like the Currency that a country of such has and the way they make there money.

Related questions

What is a common way that someone living in a subsistence economy would get food?

going to the garden on their land


What way of life did the southern colonies have?

The economy was very dependent on agriculture.


What did the southern colonies way of life?

The economy was very dependent on agriculture.


What is China's economy and way of life like.?

Americans and most free market societies often make fun of and speak very ill of China. All I've ever heard about their recent way of life and economy comes from very biased sources. I want to know from someone who has been there for a while or lived/s there what is true about China's economy and way of life for the average person


The four major economic shifts the US has experienced?

· Service Based Economy: Is the economy we were in during the 1600's because the colonists bartered and traded goods.· Agricultural Based Economy: In this economy during the 1700's farming was a common way of life so this was a easy way of life.· Industrial Based Economy: In the mid 1859's big machines were build which stated the industry based economy.· Service Based Economy: With the computer now more advanced information moved around a lot faster, and the way goods an services were produced an sold this created the service based economy.


What is a polite but satisfying way of saying shut up?

Be quiet x


What is the difference between early hunter-gatherers and modern subsistence hunters?

The main difference between early hunter-gatherers and modern subsistence hunters lies in their level of technological advancement and societal organization. Early hunter-gatherers relied on simple tools and lived in small, mobile groups, while modern subsistence hunters often use more advanced tools and techniques and may live in settled communities. Additionally, modern subsistence hunters often have access to modern amenities and technologies for transportation and communication.


Why the pygmies' life is difficult?

Cause of deforestatio today. Deforestation has destroyed their way of life, their economy, their houses, it has destroyed them in one world.


What is subsistence strategy?

Subsistence strategy refers to decisions made by people as to the best way to obtain food in a particular environment (e.g., diversified foraging, specialized big game hunting, etc.)


Is there an easier way to get the harvest sprites?

You could cheat ...... but that isn't at all satisfying.


Why do children have to paint?

Because it's amusing, satisfying and a way to express themselves.


What is the definition for subsistence economy?

A subsistence economy, is an economy in which the people barely meet their everyday needs. It is often seen as a major factor for poverty in developing nations. This is because the people of the society do not trade with other groups, this may be for a vary of reasons but a major one being their isolation. If the people of the society do not produce enough food, or not a variety the people will become sick and contract disease. This type of living is poverty. The people also do not have everyday items that we take for granted, such as ipods, TV's, computers, fashionable clothes and shopping malls. This is because the people do not produce enough surplus to trade with, sometimes not even producing a surplus at all.