subsistence
31Subsistence theory of wages — The Subsistence Theory of Wages, also known as the Iron Law of Wages, was a law of economics that asserted that real wages in the long run would trend toward the value needed to keep the workers population constant. The alleged law was named and… …
32subsistence farming — noun farming that provides for the basic needs of the farmer without surpluses for marketing • Hypernyms: ↑farming, ↑agriculture, ↑husbandry * * * noun or subsistence agriculture 1. : farming or a system of farming designed to provide all or… …
33subsistence farming — 1. farming whose products are intended to provide for the basic needs of the farmer, with little surplus for marketing. 2. farming that brings little or no profit to the farmer, allowing only for a marginal livelihood. Also, subsistence… …
34subsistence allowance — noun see subsistence 2d * * * 1. money given in advance to a new soldier, employee, etc., to buy food, clothing, and pay for other necessities while awaiting a first pay. 2. money paid a worker in addition to salary to cover expenses that may be… …
35Subsistence economy — A subsistence economy is an economy in which a group attempts to produce no more output per period than they must consume in that period in order to survive, but do not attempt to accumulate wealth or to transfer productivity from one period to… …
36subsistence farming — UK / US noun [uncountable] the activity of growing just enough food to live on, but not enough to sell Derived word: subsistence farmer noun countable Word forms subsistence farmer : singular subsistence farmer plural subsistence farmers …
37subsistence level — UK / US noun [countable] Word forms subsistence level : singular subsistence level plural subsistence levels living conditions in which someone has only as much food and money as they need in order to stay alive Refugees in the camp are living at …
38Subsistence crisis — A ‘subsistence crisis’ may be defined as an economic crisis which threatens the food supplies or, more precisely, the survival prospects of large numbers of people. Although one can argue about ‘threatens’ and ‘large numbers , what is clear is… …
39subsistence farming — noun Date: 1938 1. farming or a system of farming that provides all or almost all the goods required by the farm family usually without any significant surplus for sale 2. farming or a system of farming that produces a minimum and often… …
40subsistence agriculture — noun see subsistence farming …
