Subsistence economy. A subsistence economy is a non-monetary economy which relies on natural resources to provide for basic needs, through hunting, gathering, and subsistence agriculture. Subsistence means supporting oneself at a minimum level; in a subsistence economy, economic surplus is minimal and only used to trade for basic goods, and there is no industrialization. In the history of the world, before the first cities, all humans lived in a subsistence economy.
A fence contractor will charge $1,271 to build a 50-foot-long, 36-inch high pressure-treated picket fence with posts and rails and one gate. This includes the labor and material. You can buy the material for $575 and build it yourself, saving 55 percent.To build the fence you'll also need cement, a posthole digger, shovel and carpenter's level. Not included is the additional cost to stain or paint the fence. To lay out the fence, use string and stakes to make sure that it's straight.his includes the labor and material. You can buy the material for $575 and build it yourself, saving 55 percent. To build the fence you'll also need cement, a posthole digger, shovel and carpenter's level. Not included is the additional cost to stain or paint the fence.
Building a fence costs approximately $2,631 for the average installation. Some owners can save as much as $1,000 off that price while the upper price boundary is $4,000. These calculations come from project reports by HomeAdvisor members.