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A peasant economy is typically characterized by its reliance on small-scale, subsistence-based agricultural production, where the majority of economic activities are centered around the cultivation of crops and the raising of livestock. This economy is often dominated by traditional methods of farming, using manual labor and limited technological inputs, and operates within a local context, with goods and services largely produced for local consumption rather than trade or export. One of the key characteristics of a peasant economy is the predominance of subsistence agriculture, where peasants grow crops primarily to meet the basic needs of their household, rather than for profit or large-scale commercial trade. The _____ ___ __________ ______ __________ ________ ________.
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