Subsistence economies are best defined as economies that ________.
A) constitute rich markets for many different kinds of goods and services
B) consume most of their own agricultural output and offer few market opportunities
C) offer outstanding marketing opportunities for innovative technological products
D) offer huge marketing opportunities for industrial goods
E) export all their agricultural and industrial products

Question

Quizplus · Accepted Answer

Subsistence economies are those where people produce and consume most of their own agricultural output and commerce with the outside world is limited. This means that there are few market opportunities for goods and services beyond those needed for survival.

Subsistence Economies Are Best Defined as Economies That ________