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How might a country with only one valuable resource develope its economy?
Wiki User
∙ 11y ago
u stick it up ur a$$ :P
Ophelia Schroeder
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What is a country's economy based on one resource or crop?
One-crop economy
What is Singapore's most valuable resource?
Singapore's most valuable resource is its human capital. The country invests heavily in education and training to develop a skilled workforce that drives its economy and innovation. The talented and diverse pool of workers in Singapore is a key factor in its success as a global hub for business and technology.
What is a mono economy?
a mono-economy is a economy relying on one major export or natural resource to bring most of the currency into the country.
How does west central mild climate serve as a valuable resource and contribute to the economy?
Rotterdam is one of the world's busiest seaports.
How are Canada natural resource important to the country's economy?
Canada's economy based on the industries associated whit these resources
How does west-central Europe and mild climate serve as a valuable resource and contribute to the economy?
Rotterdam is one of the world's busiest seaports.
How does west-Central Europe's mild climate serve as a valuable resource and and contribute to the economy?
Rotterdam is one of the world's busiest seaports.
What is a one-resource economy?
a one-resource economy is an economy that relies on one thing
What is one resource economy?
a one-resource economy is an economy that relies on one thing
Is it true or false that a country with one resource economy realize heavily on one crop or one industry?
True
Why is specialization so valuable for international trade today?
It builds a profitable economy and allows a country to earn money, but items that can not be made or produced in the country.
Is Madagascar a third world country?
Yes. It's the 3rd one on the list of third world countries
