Subsistence economy

start

PRESENTAtion

Subsistence economy

subsistence economy and deglobalisation

country focus

focus

subsistence economy

foreword

Index

Foreword

The term "globalization" indicates a very large set of phenomena, connected to each other with the growth of economic, social and cultural integration.Some studies show that this phenomenon is not recent, in fact between 1840 and 1914 there was the first wave of globalization, thanks to the development of new steam ships and railways. In 2000, the International Monetary Fund identified four different basic aspects of the phenomenon, such as:

• trade and transitions;
• investment;
• migration;
• dissemination of knowledge.

The term "deglobalization", that is to say the overcoming of globalization by facilitating local markets, indicates the tendency to move towards a less interconnected world.Two conclusions emerge from several studies: globalization slows down but is not non-existent; true deglobalization is not yet being experienced.

Subsistence economy

Subsistence economy is an economy that provides a minimum standard of living compared to subsistence agriculture, which will exist as long as human beings live on the globe. During the 50s and 60s the idea spread that the subsistence economy should disappear, and so, according to the economy, it was divided into two sectors: the traditional one and the modern one. Over time, the subsistence economy is no longer considered an economic action, but a state of poverty.

Subsistence economy in the past

In Europe, during the Middle Ages, the economy was based on agriculture and on the work of land farmers who usually owned the highest social class.The term Core Business refers to an economic-productive activity that allows a company to be able to stay on the market.

Subsistence economy today

Subsistence economy

Nowadays the subsistence economy is exercised in:

• more isolated regions of developing countries, such as equatorial and tropical forests, such as Indonesia, Congo, Amazonia;
• regions of large deserts, such as the Sahara;
• mountainous regions that are difficult to access, such as Tibet and the Andes.

But does the core business have advantages? Yes, it allows you to understand the performance of a company and to locate the sales channels. One of the biggest problems present nowadays is the lack of water and food in southern places.

Subsistence economy and deglobalisation

The links between deglobalization and the subsistence economy are:

• Deglobalization can promote the subsistence economy by encouraging local production and consumption and reducing the dependence on imported products on communities;
• Deglobalization can reduce competition between countries and improve cooperation between nations;
• The subsistence economy can help reduce social and economic inequalities by creating local job opportunities and promoting access to goods and services for people who otherwise would not be able to purchase them at affordable prices.
• Deglobalization and subsistence economy can be considered two sides of the same coin, this is because both aim to create a more sustainable economy locally and globally.

Focus

The subsistence economy in Africa which is mainly based on agriculture and fishing is influenced by economic and political phenomena, such as wars and poverty, which impede food security. In some rural areas it has also been affected by the extraction of natural resources, such as oil and gas, leading to the disabling of agriculture and the loss of farmland.

On the African continent, the most traded goods and resources are:

• Oil and gas;
• Mineral resources;
• Agricultural products;
• Timber and forest products;
• Animal products;
• Fish and seafood;
• Textiles and clothing.

Some of the main impacts in Africa are:

• Poverty;
• Unemployment;
• Illiteracy;
• Health;
• Corruption.

mali

Namibia

senegal

Country focus

tuvalu

sudan

ethiopia

Country focus

political system: semi-presidential democratic republic capital city: Dakar language-s: French population: The Wolof, the Serer, Jola, Mandinka, Maures, Soninke and Bassari religion-s: Most of the population is Muslim cultural aspects: As regards the cultural aspects of Senegal, unlike other African countries, women perform political functions economy: Senegal's economy is based on construction, tourism, fishing and agriculture

SENEGAL

political system: Democratic Republic capital city: Windhoek language-s: English and German population: Ovambo, the Herero, the Damara, the Nama, the Topnaar, the Bushmen, the Himba, the Kavango, the Caprivians, the Basters and the Whites religion-s: Most of the population is Christian, but there is still a Muslim minority cultural aspects: As regards the culture of Namibia, the latter is characterized by free primary and secondary education economy: Namibia's economy is based on mineral extraction, breeding, fishing and tourism

NAMIBIA

political system: semi-presidential republic capital city: Bamako language-s: French population: Bambara, Bozo, Dogon, Malinke, Fulani, Sarakollé, Senoufo, Songhai, Toucouleur, Tuareg religion-s: In the 11th century Islam was introduced in Mali and today it is the predominant religion within the population cultural aspects: Each Malian group has its own history and language, but in general they tend to communicate peacefully with each other economy: Mali's economy is based on agriculture and mining, in fact one of the main natural resources of Mali is gold

MALI

political system: parliamentary republic capital city: Addis Ababa language-s: Amharic, Oromo, Somali, Tigrinya and Afar population: The population of this country is very diverse, in fact it contains more than 80 different ethnic groups religion-s: In Ethiopia there are different types of faiths and among these the most numerous are the Abrahamic ones cultural aspects: Usually, the culture of Ethiopia is structured along ethnolinguistic lines economy: Ethiopia's economy is based on the export of raw materials

ETHIOPIA

political system: presidential republic capital city: Khartoum language-s: Arabic and English population: In Sudan there are several predominant cultures and among these we find the Fur ones, the Humr tribe and the Otoro tribe religion-s: Most of the population is Muslim, but there are still minorities, such as Christians and animist traditions cultural aspects: Improved communications have led to a general loosening of social ties, customs and relationships economy: Sudan is one of the poorest and least developed countries in the world, but despite this, agriculture is the backbone of the Sudanese economy

SUDAN

political system: Constitutional monarchy capital city: Funafuti language-s: Tuvaluan and English population: Most of Tuvalu's population lives on the main island of Funafuti. Furthermore, the majority of the population of Tuvalu is of Polynesian ethnicity. religion-s: Most of the population of Tuvalu is Christian. However, there are also some minorities of followers of other religions such as Islam and Hinduism for example. cultural aspects: Tuvalu is a country that has a rich traditional culture, in fact the latter is influenced by the proximity to Kiribati and the Gilbert Islands. An integral part of Tuvaluan culture are dance and music. economy: Tuvalu has a low-income economy, in fact agriculture and fishing are the main economic activities.

TUVALU

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