Question

Which economy is described as subsistence economy? (Answer in one sentence)

Answer 1

hi
here is your answer
I /-/0p£ it helps u

.
.
.

.
A  is a non-monetary economy which relies on natural resources to provide for basic needs, through hunting, gathering, andsubsistence agriculture.

Answer 2

Answer:

A subsistence economy is the type of economy that relies on the available natural resources for the provision of the basic needs that may be needed through subsistence agriculture, hunting and gathering.

This type of economy does not involve in industrialisation as there is limited economic surplus that is used to trade for domestic goods.