Terrence and his family own a farm in a remote region of chile. they farm only enough to produce enough food to feed the family, and pay their taxes. what are terrence and his family engaging in?

Terrence and his family are engaging in subsistence farming. It is a type of farming method where a family only produces crops for personal consumption. Instead of selling the surplus items, a family will store them so they can have enough food until the next harvest. This farming method is common in rural areas.