subsistence economy
Hello, you have come here looking for the meaning of the word subsistence economy. In DICTIOUS you will not only get to know all the dictionary meanings for the word subsistence economy, but we will also tell you about its etymology, its characteristics and you will know how to say subsistence economy in singular and plural. Everything you need to know about the word subsistence economy you have here. The definition of the word subsistence economy will help you to be more precise and correct when speaking or writing your texts. Knowing the definition ofsubsistence economy, as well as those of other words, enriches your vocabulary and provides you with more and better linguistic resources.
English
Noun
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
Translations
Translations
|
Further reading
- “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.