Question

A farmer in India who produces rice and vegetables primarily for the family's consumption is primarily engaging in a ______ economy.

a) Market

b) Subsistence

c) Industrial

d) Command

Answer 1

A farmer in India who produces rice and vegetables primarily for the family's consumption is primarily engaging in a Subsistence economy.

Step-by-step explanation:

A farmer in India who produces rice and vegetables primarily for the family's consumption is primarily engaging in a Subsistence economy. In a subsistence economy, individuals produce goods and services primarily for their own use and survival, rather than for exchange or profit in the market. This type of economy is commonly found in rural and agrarian societies, where families rely on their own labor and resources to meet their basic needs.