Characteristics of Subsistence Farming
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John Wick
Rationality and Risk
Subsistence farmers can be motivated to raise their standard of living, so long as the changes must fit into their current farming operations. They are now mentally ready to take risks and use the advantages of modern inputs.
Element of Uncertainty
Like any other kind of farming, uncertainty is one of the things you have to consider. Failure of crops is always a possibility that may ruin one as a farmer. With our trying times, keeping a closer eye out on the crops is best.
Andrew Pel
Fruitfulness and Efficiency
The subsistence farming is designated as low of inputs which are commonly provided by the farmer himself. The overall productivity tends to be low as farmers only need to provide for their own food supply, ideal especially during this time of pandemic.
With subsistence farming, there is no need for fertilizers and pesticides, and they could try to grow their products without using chemicals. Some farm animals could be useful in the process such as goose, duck, chicken, and others.
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Usually, the land used for subsistence farming is very small, only 1 to 3 hectares since the main goal is only to produce consumption for the family.
In the case of having bigger farms, bigger lands might be needed. For maintaining bigger lands farmers might consider investing in their farming equipment and energy sources
Power and Transport
Almost everything in subsistence farming is done without any help from fancy contraptions. Farmers plow the field, carrying out procedural tasks like grinding sugar cane and transport products.
The technology is mostly very simple.
Solar panels could be a smart investment for bigger scale farms, providing renewable energy and helps save money in the long term.
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Labor
Normally, only the family members — and maybe a few others — can work on the subsistence farm. But since we are all on a self-quarantine mode, it is up to the family members to till the land. Having lesser people do the work means shelling out lesser money too, making subsistence farming cheaper.