ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -Subsistence farming can be further classified as intensive subsistence and primitive subsistence farming. In intensive subsistence agriculture the farmer cultivates a small plot of land using simple tools and more labour.

Detailed explanation-2: -: an economy which is not based on money, in which buying and selling are absent or rudimentary though barter may occur, and which commonly provides a minimal standard of living compare subsistence farming.

Detailed explanation-3: -Subsistence agriculture can be classified into two types-Intensive subsistence agriculture and primitive subsistence agriculture.

Detailed explanation-4: -Subsistence farming is the most widely used agricultural method in Sub-Saharan Africa, where the majority of the rural poor depend on their land for survival. With the land as their livelihood, people are able to fray the costs of transportation, rent, and food, as well as the cost of urban living.