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.

Synonyms for Subsistence economy:

What are the hypernyms for Subsistence economy?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.
  • Other hypernyms:

    agrarian economy, traditional economy, pre-industrial economy, primitive economy, self-sufficient economy.

Related words: what is subsistence farming, subsistence yields, subsistence basket, subsistence economy definition, subsistence farming definition, subsistence farming definition in india, what is a subsistence economy

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