What is another word for subsistence economy?
Pronunciation: [sʌbsˈɪstəns ɪkˈɒnəmi] (IPA) 
Synonyms for the phrase "subsistence economy" may vary depending on the context. In general, it refers to an economic system where people produce only enough to meet their basic needs. Some synonyms for this include "sustenance economy," "basic economy," or "primitive economy," which all highlight the simple, basic nature of the system. Other alternatives may be "traditional economy," "local economy," or "barter economy," which also emphasize the reliance on local resources and the absence of complex financial systems. Overall, these synonyms capture the essence of a subsistence economy, which is characterized by a focus on meeting basic needs and minimal reliance on outside economic forces.
