natural economy; subsistence economy
Tone colorsmāmámǎmàma
Meanings
1 sense · 3 examplesnoun
natural economy; subsistence economy; self-sufficient production
formalA technical term in economics and economic history describing pre-market economies where production is intended for direct consumption by the producers rather than for exchange or trade. Often contrasted with commodity economy (商品经济).
Zài在
fēng封
jiàn建
shè社
huì会
，
zì自
rán然
jīng经
jì济
zhàn占
zhǔ主
dǎo导
dì地
wèi位
。
In feudal society, the natural economy occupied the dominant position.
Suí随
zhe着
shāng商
pǐn品
jīng经
jì济
de的
fā发
zhǎn展
，
chuán传
tǒng统
de的
zì自
rán然
jīng经
jì济
zhú逐
jiàn渐
wǎ瓦
jiě解
。
With the development of the commodity economy, the traditional natural economy gradually disintegrated.
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Shì氏
zú族
gōng公
shè社
shí时
qī期
shí实
xíng行
de的
shì是
zì自
jǐ给
zì自
zú足
de的
zì自
rán然
jīng经
jì济
。
The clan commune period practiced a self-sufficient natural economy.