subsistence economy
English edit
Noun edit
subsistence economy (countable and uncountable, plural subsistence economies)
- (economics) an often moneyless economy characterized by minimal surplus and exchange of goods and services, low division of labor and rudimentary technology
Related terms edit
Translations edit
Translations
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Further reading edit
- “subsistence economy”, in Merriam-Webster Online Dictionary, Springfield, Mass.: Merriam-Webster, 1996–present.
- “subsistence economy”, in Cambridge English Dictionary, Cambridge, Cambridgeshire: Cambridge University Press, 1999–present.
- “subsistence economy”, in Collins English Dictionary.