digplanet beta 1: Athena
Share digplanet:


Applied sciences






















"Subsistence" redirects here. For the Catholic ecclesiological doctrine of Vatican II, see Subsistit in.

A subsistence economy is a non-monetary economy which relies on natural resources to provide for basic needs, through hunting, gathering, and subsistence agriculture. "Subsistence" means supporting oneself at a minimum level; in a subsistence economy, economic surplus is minimal and only used to trade for basic goods, and there is no industrialization.[1][2]

In the history of the world, before the first cities, all humans lived in a subsistence economy. As urbanization, civilization, and division of labor spread, various societies moved to other economic systems at various times. Some remain relatively unchanged, ranging from uncontacted peoples, to poor areas of developing countries, to some cultures that choose to retain a traditional economy.

Capital can be generally defined as assets invested with the expectation that their value will increase, usually because there is the expectation of profit, rent, interest, royalties, capital gain or some other kind of return. However, this type of economy cannot usually become wealthy by virtue of the system, and instead requires further investments to stimulate economic growth. In other words, a subsistence economy only possesses enough goods to be used by a particular nation to maintain its existence and provides little to no surplus for other investments.[citation needed]


See also[edit]


  1. ^ http://www.businessdictionary.com/definition/subsistence-economy.html
  2. ^ http://www1.umn.edu/humanrts/edumat/sustecon/others/subsistence.htm Chief Seattle to President Pierce regarding sale of land

Original courtesy of Wikipedia: http://en.wikipedia.org/wiki/Subsistence_economy — Please support Wikipedia.
This page uses Creative Commons Licensed content from Wikipedia. A portion of the proceeds from advertising on Digplanet goes to supporting Wikipedia.
23885 videos foundNext > 

Subsistence economy Top # 7 Facts

Subsistence economy Top # 7 Facts.

The Foundations of Wealth (Part 1 of 3)

Teacher Guide: http://econworks.org/wp-content/uploads/2013/06/Teachers-Guide-The-Foundations-of-Wealth.pdf Izzit.org presents The Foundations of Wealth.

Subsistence Economy, Free Carbon Cash Job

Getting compost material from a cash job and dealing with goofy people in New Orleans.

Subsistence Economy, Fair Dog Trade

Engaging in a subsistence economy through a dog sitting work trade.

FROM ENGLISH TO SPANISH = subsistence economy

FROM ENGLISH TO GERMAN = subsistence economy

Five Interwoven Economies: Subsistence, Gift, Exchange, Planned, and Theft

Mobile University - Development Models- Economic Transformation እድገትና የምጥን ለውጦች p. 3

The Foundations of Wealth - How It All Began

People toil away in a subsistence economy 10000 years ago, with little choice and no chance of getting ahead. The Foundations of Wealth is designed to help ...

Moral Economy: 25 Concepts in Anthropology

A preview of how anthropologists use the concept of "moral economy". Sources include: * Scott, James C. 1975 The Moral Economy of the Peasant: Rebellion ...

23885 videos foundNext > 

We're sorry, but there's no news about "Subsistence economy" right now.


Oops, we seem to be having trouble contacting Twitter

Support Wikipedia

A portion of the proceeds from advertising on Digplanet goes to supporting Wikipedia. Please add your support for Wikipedia!

Searchlight Group

Digplanet also receives support from Searchlight Group. Visit Searchlight