what do you mean by subsistence crisis And what led to the subsistence crisis
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subsistence crisis occurs when there is a sudden rise in the prices of the commodity such that even the basic needs of a person are not being able to be coped up it occurred in Germany as the German recklessly reprinted currency
sushantmishra:
bhai what lead to it
it's mainly due to rise in prices of common commodity after famine and hoarding
increase in taxes and the high price of bret
bread
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Subsistence crisis
Extreme circumstances where the basic means of livelihood are endangered.
What led to subsistence crisis?
Answer -
- The Population of France increased from 23 million to 28 million from 1715 to 1789.
- The increase in population led to a rapid increase in food grains.
- But the demand was not moved as speed as the increasing population.
- Therefore, the price of staple food (bread) was increased.
- Most of the workers were employed as labourers in workshops.
- The gap between poor and rich enlarged.
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