What is the relationship between the subsistence economy and sustainable development?

There is a strong link between the subsistence economy and sustainable development. A subsistence economy is an economic system in which the bulk of production and consumption relies on local resources and capabilities. In contrast, sustainable development is a development model that meets the needs of current generations without compromising the ability of future generations to meet their own needs.

The link between a subsistence economy and sustainable development is based on the fact that both focus on the sustainable use of local resources and environmental protection. In a subsistence economy, local natural resources such as land, water and energy are used efficiently, minimising environmental impacts.

From a sustainable development perspective, the subsistence economy benefits by reducing environmental pressures and dependence on external resources. In a subsistence economy, local communities are able to sustainably produce food, energy and other basic needs, reducing the negative impacts of transport and global trade.

But the link between the subsistence economy and sustainable development is not limited to economic aspects. It also helps to strengthen local communities and develop social relations. Local production and consumption encourages community cooperation and support for the local economy, which contributes to sustainable development.

The link between the subsistence economy and sustainable development is therefore mutual and mutually reinforcing. The subsistence economy promotes sustainable development through the sustainable use of local resources and the minimisation of environmental impacts. At the same time, sustainable development supports the subsistence economy by strengthening local communities and developing social relations.

∑: economy, sustainable, subsistence, development, between, resources, environmental, impacts, communities