A subsistence economy is one that _____________
A)meets its needs by overfishing lakes and rivers
B)purchases goods and services from others
C)purchases resources for immediate use
D)meets its needs without working for wages and purchasing necessities
E)meets is needs while causing ecosystem destruction

Question

Quizplus · Accepted Answer

A subsistence economy is one that meets its needs without working for wages and purchasing necessities. Instead, individuals and families rely on their own production of food, clothing, and other goods to survive. They may trade with others or participate in a local market economy, but their primary means of subsistence is through their own labor and resources. It is not related to overfishing, purchasing from others, purchasing resources for immediate use, or causing ecosystem destruction.

A Subsistence Economy Is One That _____________