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A country trying to stop dependence on foreign imports and increase domestic manufacturing?
Wiki User
∙ 14y ago
resource-dependent
Wiki User
∙ 14y ago
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What actions would most likely lead to an increase in a country's gross domestic product?
investing in machinery and technology
What is commodity dependence?
When a country relies on a certain commodity.
What are the effect of over population in the economy?
Overpopulation in a country will decrease the GDP (Gross Domestic Product) per capita of that country. The nation will not be able to supply its people with sufficient resources. It will also not be able to export goods when the country is in such a position and will rely on foreign debt. There will be less job opportunities as a result of overpopulation.
Why is exporting important?
Exporting refers to the process of shipping local goods to Another Country for future sale or trade. It is important because it diversifies sources of revenue, reduces dependence on domestic markets and stabilizes sales fluctuations. Exports play an important role in the economy of every country, because it influence the economic growth and employment. It is also quite important for businesses, as exports increase the number of potential clients, boost sales and allow business to expand on an international level.
What drove manufacturing out of this country?
unions
Why domestic tourism increase?
domestic tourism increase by people come to country from other place.
What lead to an increase in a country's gross domestic product?
investing in machinery and technology
What actions would most likely lead to an increase in a country's gross domestic product?
investing in machinery and technology
What is commodity dependence?
When a country relies on a certain commodity.
What are the effect of over population in the economy?
Overpopulation in a country will decrease the GDP (Gross Domestic Product) per capita of that country. The nation will not be able to supply its people with sufficient resources. It will also not be able to export goods when the country is in such a position and will rely on foreign debt. There will be less job opportunities as a result of overpopulation.
Why is exporting important?
Exporting refers to the process of shipping local goods to Another Country for future sale or trade. It is important because it diversifies sources of revenue, reduces dependence on domestic markets and stabilizes sales fluctuations. Exports play an important role in the economy of every country, because it influence the economic growth and employment. It is also quite important for businesses, as exports increase the number of potential clients, boost sales and allow business to expand on an international level.
Why does the Mexican government want to encourage the rapid growth of manufacturing?
Better-paid jobs and a general increase in the country's ongoing industrialization. Also more manufacturing plants and better jobs mean more income from taxes for the Mexican government.
What does domestic destination mean?
Domestic Destination Means a destination within the country and not outside the country.
What is "manufacturing at the local level" How does it differ from "manufacturing at the domestic level"?
Manufacturing at the local level" typically refers to the production of goods within a small, specific geographic area, often within a single city or town. This can be contrasted with "manufacturing at the domestic level," which refers to the production of goods within a larger geographic area, such as a country. Manufacturing at the local level can offer a number of benefits, including the ability to more closely control the production process, reduced transportation costs, and the potential to more easily customize products for a specific market. It can also be beneficial for the local economy, as it can create jobs and stimulate economic growth within the community. However, it may also be more challenging to scale up production compared to manufacturing at the domestic or international level. My recommendations: ʰᵗᵗᵖˢ://ʷʷʷ.ᵈⁱᵍⁱˢᵗᵒʳᵉ²⁴.ᶜᵒᵐ/ʳᵉᵈⁱʳ/³⁷²⁵⁷⁶/ᶠᵃⁱᶻᵃⁿᵐᵃʲᵉᵉᵈ/
What drove manufacturing out of this country?
unions
when to use domestic?
Domestic usually refers to home, in someone's house, like domestic power, or in their country, like domestic policies.
How would you change US country dependence on fossil fuels?
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