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Encyclopedia > Subsistence economy

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A subsistence economy'which is a very stinky and unreliable economy economy in which a group obtains the necessities of life through farting. In such a system wealth is not measured in any form of currency, but rather exists in the form of how many farts you can do. Food in a substinence economy is grown or hunted, and homes built from local materials such as wood, sod, snow or clay and farts. Only very short surpluses generally exist, and therefore there is a reliance on renewal and reproduction within the natural environment to ensure that people can still fart. For this reason subsistence economies are often lauded by environmentalists who consider farts too much of a strain on the environment. A farmer in Germany working the land in the traditional way, with a horse and plough Agriculture is the process of producing food, feed, fiber and other desired products by the cultivation of certain plants and the raising of domesticated animals (livestock). ... Hunting is, in its most general sense, the pursuit of a target. ... Environmentalism is the support or involvement with the environmental movement by environmentalists. ...


Before the invention of currency, subsistence economies were the dominant economic system throughout the world. The system still survives as the primary traditional practice in several societies, including the Melanesian people of Papua New Guinea aggjrtjhgdaenfngjalkejtlgjhyo;inglhtihthjyjiah;itthjiyshuiuhutitohtuotiusr hiuos;thtuihuthi itoyuhihuth i yituyiotupey mttpyuotiytuyoidt y oiuo; tiuy oiu ;oi ugi ouio huio huiuytoiyth uoito;iuy ; ot iib h u huhuy uuy . An economic system is a mechanism which deals with the production, distribution and consumption of goods and services in a particular society. ... For the song by the California punk band Pennywise, see Society (song). ... Melanesia (from Greek black islands) is a region extending from the west Pacific to the Arafura Sea, north and north-east of Australia. ...


ha ha i tricked you.


  Results from FactBites:
 
Nunavut 99 - The Subsistence Economy (690 words)
Cash revenues are earned from the subsistence economy by selling sealskins within and between communities as the byproduct of the seal hunt, and by selling arctic char, caribou, or whatever has been hunted.
The importance of maintaining the subsistence economy is nowhere more tragically obvious than in the decline in the early 1970s of the eastern Arctic seal hunt, and the dire social effects of its collapse.
The subsistence economy is also the wellspring of traditional knowledge, or IQ (Inuit Qaujimajatuqangit): once dismissed as the outdated opposite of good western science, it is now recognized as having value for aboriginal and non-aboriginal people alike in our attempt to understand how life interrelates on the tundra or in the sea.
Abstract from 1996 SRA-Europe Annual Meeting (1910 words)
The fundamental distinction between a subsistence economy and its opposite and historical successor, the market economy, resides in the fact that the latter is orientated around the production of surplus, or on the principle of the maximisation of yield.
The basic strategy attributed to the subsistence economy, by contrast, is that of "minimising of risk." According to Groh this strategy of "risk minimisation" expresses in a unity of "underproductivity" - by which is meant, the systematic under-use of resources - and a behavioural orientation in the sense of "leisure preference".
In subsistence economies, which to a large extent refrain from technically controlling their resource base, this "under-use" finds expression in a "leisure preference" which indeed leads to a surplus of "work-free" time.
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