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A subsistence economy is an economy which refers simply to the gathering or amassment of objects of value; the increase in wealth; or the creation of wealth. 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. Therefore, this type of economy aims to create economic stability so that capital can be accumulated and the inevitable economic surplus can be invested in other potentially lucrative business ventures. A subsistence economy also has no money of any sort.

See also [edit]

References [edit]

Chief Seattle to President Pierce regarding sale of land

External links [edit]


Original courtesy of Wikipedia: http://en.wikipedia.org/wiki/Subsistence_economy — Please support Wikipedia.
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21 news items

Sokwanele

Sokwanele
Tue, 21 May 2013 00:27:53 -0700

... unattainable, by providing an academic education for all, we could have made better provision for the hundreds of thousands of young people who left schools unprepared for tertiary education and unequipped to enter anything but a subsistence economy.
 
Grist
Fri, 17 May 2013 05:26:58 -0700

His way of life, a subsistence economy which survived the arrival of snowmobiles, food stamps, and online shopping at Walmart, was also threatened. The migration habits of the animals and fish on which the John family and others depend have changed ...

New Vision

New Vision
Tue, 14 May 2013 07:12:39 -0700

According to the 2002 National Population census, 32% of the population was in the money economy and 68% were in the traditional subsistence economy. Museveni said this coupled with the challenge of inadequate infrastructure especially electricity ...

New York Times (blog)

New York Times (blog)
Thu, 16 May 2013 11:00:15 -0700

Boo makes this clear in a brisk digression to a rural region of western India where thousands of farmers, forced out of a subsistence economy into a globalized one, have killed themselves in the previous decade. Here, many citizens have not only ...
 
Oak Ridger
Wed, 15 May 2013 17:02:49 -0700

Most important, selling corn whiskey was crucial to land-owning farmers in a semi-subsistence economy in the mountains. They needed the extra cash to pay property taxes and make mortgage payments. The market for illegal moonshine persisted.
 
Huffington Post
Wed, 08 May 2013 14:42:42 -0700

Whereas the majority of women remain attached to the household, all too often the men are involved in livelihoods that take them far from their families, introduce them into the monetary economy (away from the subsistence economy), and instruct them in ...

NACLA (blog)

NACLA (blog)
Mon, 29 Apr 2013 18:24:10 -0700

This is significant because U.S. support would imply important changes in its policy toward the militarization of Colombia, its failed war on drugs, and a revision of its Free Trade Agreements that would allow the small peasants and subsistence economy ...
 
AllAfrica.com
Mon, 29 Apr 2013 10:58:26 -0700

Outside a few oil enclaves, South Sudan remains a relatively undeveloped, subsistence economy. It has vast and largely untapped natural resources and opportunities abound for visible improvements in the quality of peoples' lives, but there are also ...
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