A system in which people provide their own needs directly is known as?
Answer Details
A system in which people provide their own needs directly is known as a subsistence economy. In this type of economy, people produce goods and services mainly for their own consumption and survival rather than for sale or trade. They rely on natural resources and their own skills and labor to meet their basic needs such as food, shelter, and clothing. The subsistence economy is often found in rural and remote areas where people have limited access to markets and modern infrastructure. It is characterized by low levels of productivity and living standards, and often lacks the specialization and division of labor found in more developed economies.