NSS stands for "Non-Self- Sustaining." It is an acronym commonly used to denote entities or systems that require external support for their functioning and survival, as they lack the ability to sustain themselves independently.
In the field of economics, NSS refers to sectors or industries that heavily rely on government subsidies or external funding to continue their operations. These sectors often struggle to generate sufficient revenue to cover their costs due to various factors such as low productivity, inadequate infrastructure, or inefficient business models. Therefore, they greatly depend on external support, typically in the form of subsidies, grants, or financial assistance, to sustain their activities.
Moreover, NSS can also be used when discussing nations or regions that heavily rely on foreign aid or subsidies to meet their economic needs and maintain their development. These areas often lack the necessary resources or infrastructure to become self-sufficient, leading them to rely on external support to fulfill essential requirements such as food security, healthcare, or infrastructure development.
In summary, NSS refers to entities or systems that are unable to sustain themselves independently and require external support to function and survive. It can be applied to sectors, industries, nations, or regions that heavily rely on subsidies, grants, or foreign aid to meet their needs and sustain their operations.
