what does the term \substance economies\ mean?\neconomies centered around luxury goods and…

what does the term \substance economies\ mean?\neconomies centered around luxury goods and services\neconomies that prioritize foreign investments\neconomies focused on producing only the essentials for survival

what does the term \substance economies\ mean?\neconomies centered around luxury goods and services\neconomies that prioritize foreign investments\neconomies focused on producing only the essentials for survival

Answer

Answer:

economies focused on producing only the essentials for survival

Brief Explanations:

Subsistence economies are about meeting basic survival - needs like food, shelter, without emphasis on luxury or foreign investment.