Subsistence Economies

A subsistence economy is an economy focused on meeting basic needs rather than participating in the market.

One advantage of a traditional economy is that it does not have a negative impact on the environment.

Subsistence farming is a type of agriculture where the majority of the produce is used to support the household's needs.

<p>Primitive economies rely on factors such as rain, sun, and flood for their economic order.</p> Signup and view all the answers

<p>The purpose of a subsistence economy is to provide basic necessities like food, clothing, and shelter for the community.</p> Signup and view all the answers

<p>Cagayan, Leite (Leyte), Camar (Samar), Bohol, Islands of Negros, Sebu, Panay, Cuyo, Calamianes</p> Signup and view all the answers

<p>Cowry shells</p> Signup and view all the answers

<p>By clothing types, stature, style, ornaments, and tattoos</p> Signup and view all the answers

<p>The Filipino's earliest form of government, an independent settlement consisting of 30-100 families</p> Signup and view all the answers

<p>It comes from the word and concept of balangay, a long-distance watercraft</p> Signup and view all the answers