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How does this account for subsistence farming? It doesn't seem it does. The linked report focuses on trade policy and markets and yet a huge chunk of the worlds
by dimitar 4y ago
How does this account for subsistence farming? It doesn't seem it does. The linked report focuses on trade policy and markets and yet a huge chunk of the worlds population doesn't rely on them.
What happens is that there are a lot of people in developing countries thay have close to zero dollar income yet grow/raise most of their food, build their dwellings (cheaper in warmer climates) and spend most of their money on fuel and basic luxuries (depending on the culture but may be: tobacco, tea, coffee, sugar, alcohol).
- aaron695 4y ago