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Meaning of subsistence economy | Babel Free

Noun CEFR B2

Definitions

an often moneyless economy characterized by minimal surplus and exchange of goods and services, low division of labor and rudimentary technology

countable, uncountable

Equivalents

Suomi omavaraistalous

Français économie de subsistance

CEFR level

B2

Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.

See also

subsistence farming subsistence level subsistency Subsistent subsister Subsisting