A fisherman on the island of Fiji manages to feed his family and provide the basic necessities for them. By selling fish in the local market, he also is able to earn cash that allows him to buy modern cooking implements and utensils for his wife. This fisherman can be said to have achieved:

Question

Quizplus · Accepted Answer

The fisherman has achieved subsistence affluence because he is able to meet his family's basic needs through his own efforts (feeding his family with the fish he catches) and also afford some luxuries or modern conveniences (buying modern cooking implements and utensils) with the extra income from selling fish.

A Fisherman on the Island of Fiji Manages to Feed