subsistence economy

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• subsistence economy — UK US noun [C] ECONOMICS ► an economy in which people produce food, clothes, etc. for their own use, and where food, etc. is not bought or sold: »The country is moving away from a subsistence economy towards a viable market economy …   Financial and business terms

• Subsistence economy — A subsistence economy is an economy in which a group attempts to produce no more output per period than they must consume in that period in order to survive, but do not attempt to accumulate wealth or to transfer productivity from one period to… …   Wikipedia

• subsistence economy — noun : an economy which is not based on money, in which buying and selling are absent or rudimentary though barter may occur, and which commonly provides a minimal standard of living compare subsistence farming …   Useful english dictionary

• subsistence economy — An agrarian economy based on production for consumption rather than exchange. Such economies are characterized by low levels of production, yielding a surplus capable of meeting little more than the basic necessities of life, and tend to be seen… …   Dictionary of sociology

• subsistence economies — subsistence economy …   Dictionary of sociology

• Economy of Ethiopia — Currency Birr (ETB) Fiscal year 8 July 7 July Trade organisations AU, WTO (observer) Statistics …   Wikipedia

• Economy of French Polynesia — Economy overview:Since 1962, when France stationed military personnel in the region, French Polynesia has changed from a subsistence economy to one in which a high proportion of the work force is either employed by the military or supports the… …   Wikipedia

• Economy of Papua New Guinea — Infobox Economy country = Papua New Guinea width = caption = currency = kina (PGK) year = calendar year organs = WTO, APEC rank = 130th gdp = $14.37 billion (2005 est.) growth = 2.9% (2005 est.) per capita = $2,600 (2005 est.) sectors =… …   Wikipedia

• economy — ▪ I. economy e‧con‧o‧my 1 [ɪˈkɒnəmi ǁ ɪˈkɑː ] noun economies PLURALFORM 1. [countable] ECONOMICS the system by which a country s goods and services are produced and used, or a country considered in this way: • the transformation from a centrally… …   Financial and business terms

• Economy of Rwanda — Infobox Economy country = Rwanda currency = Rwandan franc (RWF) year = calendar year organs = WTO, ECCAS, EAC, COMESA rank = 135 gdp = $13.7 billion (2006) growth = 5.8% (2006) per capita = $1,600 (2006) sectors = agriculture: 39.4%, industry: 23 …   Wikipedia

• economy, subsistence — See subsistence economy …   Dictionary of sociology