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Subsistence Expense Act Of 1926
A subsistence economy is an economy directed to basic subsistence (the provision of food, clothing and shelter) rather than to the market. Definition "Subsistence" is understood as supporting oneself and family at a minimum level. Basic subsistence is the provision of food, clothing, shelter. A subsistence economy is an economy directed to one's subsistence rather than to the market. Often, the subsistence economy is moneyless and relies on natural resources to provide for basic needs through hunting, gathering, and agriculture. In a subsistence economy, economic surplus is minimal and only used to trade for basic goods, and there is no industrialization. In hunting and gathering societies, resources are often, if not typically underused. The subsistence system is maintained through sharing, feasting, ritual observance and associated norms. Harvesting is an important indicator of social capital. Subsistence embodies cultural perspectives of relationships to places, people and a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Non-monetary Economy
A moneyless economy or nonmonetary economy is a system for allocation of goods and services without payment of money. The simplest example is the Family economics, family household. Other examples include Barter, barter economies, Gift economy, gift economies and primitive communism. Even in a monetary economy, there are a significant number of nonmonetary transactions. Examples include household labor, care giving, civic activity, or friends working to help one another. These nonmonetized labors represent an important part of the economy, and may constitute half of the work done in the United States. These nonmonetary subeconomies are referred to as embedded nonmonetary economies. The nonmonetary economy could make the labor market more inclusive by rewarding more forms of work. Embedded nonmonetary economies An embedded nonmonetary economy refers to an economy that functions without money inside a larger monetary system. The nonmonetary economy undertakes tasks that benefit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsistence Agriculture
Subsistence agriculture occurs when farmers grow crops on smallholdings to meet the needs of themselves and their families. Subsistence agriculturalists target farm output for survival and for mostly local requirements. Planting decisions occur principally with an eye toward what the family will need during the coming year, and only secondarily toward market prices. Tony Waters, a professor of sociology, defines "subsistence peasants" as "people who grow what they eat, build their own houses, and live without regularly making purchases in the marketplace". Despite the self-sufficiency in subsistence farming, most subsistence farmers also participate in trade to some degree. Although their amount of trade as measured in cash is less than that of consumers in countries with modern complex markets, they use these markets mainly to obtain goods, not to generate income for food; these goods are typically not necessary for survival and may include sugar, iron roofing-sheets, bicycle ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Potlatch
A potlatch is a gift-giving feast practiced by Indigenous peoples of the Pacific Northwest Coast of Canada and the United States,Harkin, Michael E., 2001, Potlatch in Anthropology, International Encyclopedia of the Social and Behavioral Sciences, Neil J. Smelser and Paul B. Baltes, eds., vol 17, pp. 11885-11889. Oxford: Pergamon Press. among whom it is traditionally the primary governmental institution, legislative body, and gift economy, economic system.Aldona Jonaitis. ''Chiefly Feasts: The Enduring Kwakiutl Potlatch''. University of Washington Press 1991. . This includes the Heiltsuk Nation, Heiltsuk, Haida people, Haida, Nuxalk Nation, Nuxalk, Tlingit people, Tlingit, Makah people, Makah, Tsimshian, Nuu-chah-nulth people, Nuu-chah-nulth, Kwakwaka'wakw, and Coast Salish peoples, Coast Salish cultures. Potlatches are also a common feature of the peoples of the Interior and of the Subarctic adjoining the Northwest Coast, although mostly without the elaborate ritual and gift-giv ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Norm Of Reciprocity
The norm of reciprocity requires that people repay in kind what others have done for them. It can be understood as the expectation that people will respond to each other by returning benefits for benefits, and with either indifference or hostility to harms. The social norm of reciprocity may take different forms in different areas of social life, or in different societies. This is distinct from related ideas such as gratitude, the Golden Rule, or mutual goodwill. See reciprocity (social and political philosophy) for an analysis of the concepts involved. The norm of reciprocity mirrors the concept of reciprocal altruism in evolutionary biology. However, evolutionary theory and therefore sociobiology was not well-received by mainstream psychologists. This led to reciprocal altruism being studied instead under a new social-psychological concept: the norm of reciprocity. Reciprocal altruism has been applied to various species, including humans, while mainstream psychologists use the nor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Redistribution (economics)
In economics, distribution is the way total output, income, or wealth is distributed among individuals or among the factors of production (such as labour, land, and capital). In general theory and in for example the U.S. National Income and Product Accounts, each unit of output corresponds to a unit of income. One use of national accounts is for classifying factor incomes and measuring their respective shares, as in national Income. But, where focus is on income of ''persons'' or ''households'', adjustments to the national accounts or other data sources are frequently used. Here, interest is often on the fraction of income going to the top (or bottom) ''x'' percent of households, the next ''x'' percent, and so forth (defined by equally spaced cut points, say quintiles), and on the factors that might affect them (globalization, tax policy, technology, etc.). History Distribution has been central in the study of political economy since the 19th century, as shown in scholarshi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Exchange
Exchange or exchanged may refer to: Arts, entertainment and media Film and television * Exchange (film), or ''Deep Trap'', 2015 South Korean psychological thriller * Exchanged (film), 2019 Peruvian fantasy comedy * Exchange (TV program), 2021 South Korean dating reality show Gaming * Exchange (chess), closely related captures of pieces of both players in chess ** The exchange (chess), an exchange of a minor piece for a rook Music * Exchange, a new-age jazz band of Steve Sexton and Gerald O'Brien, and their 1992 self-titled album * ''Exchange'' (EP), by Against All Authority and The Criminals, 1999 * "Exchange" (song), by Bryson Tiller, 2015 * "Exchange" and "(Exchange)", songs on Massive Attack's 1998 album ''Mezzanine'' (album) Business and economics * Bureau de change, or currency exchange * Cryptocurrency exchange, to trade cryptocurrencies or digital currencies * Exchange (economics), in a market economy * Exchange (organized market), where securities etc are bought ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Distribution (business)
Distribution is the process of making a product or service available for the consumer or business user who needs it, and a distributor is a business involved in the distribution stage of the value chain. Distribution can be done directly by the producer or service provider or by using indirect channels with distributors or intermediaries. Distribution (or place) is one of the four elements of the marketing mix: the other three elements being product, pricing, and promotion. Decisions about distribution need to be taken in line with a company's overall strategic vision and mission. Developing a coherent distribution plan is a central component of strategic planning. At the strategic level, as well as deciding whether to distribute directly or via a distribution network, there are three broad approaches to distribution, namely mass, selective and exclusive distribution. The number and type of intermediaries selected largely depends on the strategic approach. The overall distr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ranching
A ranch (from /Mexican Spanish) is an area of land, including various structures, given primarily to ranching, the practice of raising grazing livestock such as cattle and sheep. It is a subtype of farm. These terms are most often applied to livestock-raising operations in Mexico, the Western United States and Western Canada, though there are ranches in other areas.For terminologies in Australia and New Zealand, see Station (Australian agriculture) and Station (New Zealand agriculture). People who own or operate a ranch are called ranchers, cattlemen, or stockgrowers. Ranching is also a method used to raise less common livestock such as horses, elk, American bison, ostrich, emu, and alpaca.Holechek, J.L., Geli, H.M., Cibils, A.F. and Sawalhah, M.N., 2020. Climate Change, Rangelands, and Sustainability of Ranching in the Western United States. ''Sustainability'', ''12''(12), p.4942. Ranches generally consist of large areas, but may be of nearly any size. In the western United S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Agro-pastoralism
Animal husbandry is the branch of agriculture Agriculture encompasses crop and livestock production, aquaculture, and forestry for food and non-food products. Agriculture was a key factor in the rise of sedentary human civilization, whereby farming of domesticated species created ... concerned with animals that are raised for meat, animal fiber, fibre, milk, or other products. It includes day-to-day care, management, production, nutrition, selective breeding, and the raising of livestock. Husbandry has a long history, starting with the Neolithic Revolution when animals were first Domestication, domesticated, from around 13,000 BC onwards, predating farming of the History of agriculture, first crops. During the period of ancient societies like ancient Egypt, cattle, sheep, goats, and pigs were being raised on farms. Major changes took place in the Columbian exchange, when Old World livestock were brought to the New World, and then in the British Agricultural Rev ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Transhumance
Transhumance is a type of pastoralism or Nomad, nomadism, a seasonal movement of livestock between fixed summer and winter pastures. In montane regions (''vertical transhumance''), it implies movement between higher pastures in summer and lower valleys in winter. Herders have a permanent home, typically in valleys. Generally only the herds travel, with a certain number of people necessary to tend them, while the main population stays at the base. In contrast, movement in plains or plateaus ''(horizontal transhumance)'' is more susceptible to disruption by climatic, economic, or political change. Traditional or fixed transhumance has occurred throughout the inhabited world, particularly Europe and western Asia. It is often important to pastoralist societies, as the dairy products of transhumance flocks and herds (milk, butter, yogurt and cheese) may form much of the diet of such populations. In many languages there are words for the higher summer pastures, and frequently these ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nomad
Nomads are communities without fixed habitation who regularly move to and from areas. Such groups include hunter-gatherers, pastoral nomads (owning livestock), tinkers and trader nomads. In the twentieth century, the population of nomadic pastoral tribes slowly decreased, reaching an estimated 30–40 million nomads in the world . Nomadic hunting and gathering—following seasonally available wild plants and game—is by far the oldest human subsistence method known. Pastoralists raise herds of domesticated livestock, driving or accompanying them in patterns that normally avoid depleting pastures beyond their ability to recover. Nomadism is also a lifestyle adapted to infertile regions such as steppe, tundra, or ice and sand, where mobility is the most efficient strategy for exploiting scarce resources. For example, many groups living in the tundra are reindeer herders and are semi-nomadic, following forage for their animals. Sometimes also described as "nomadic" are vari ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Animal Husbandry
Animal husbandry is the branch of agriculture concerned with animals that are raised for meat, animal fiber, fibre, milk, or other products. It includes day-to-day care, management, production, nutrition, selective breeding, and the raising of livestock. Husbandry has a long history, starting with the Neolithic Revolution when animals were first Domestication, domesticated, from around 13,000 BC onwards, predating farming of the History of agriculture, first crops. During the period of ancient societies like ancient Egypt, cattle, sheep, goats, and pigs were being raised on farms. Major changes took place in the Columbian exchange, when Old World livestock were brought to the New World, and then in the British Agricultural Revolution of the 18th century, when livestock breeds like the English Longhorn, Dishley Longhorn cattle and Lincoln (sheep), Lincoln Longwool sheep were rapidly improved by agriculturalists, such as Robert Bakewell (agriculturalist), Robert Bakewell, to yi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
