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Which commodity is used most in industrial economies?
Water.
Where do most people live in industrial economies?
Most people in industrial economies live in urban areas.
Why is it difficult for developing nations to establish industrial economies?
If a nation is developing they need to build up the country. There are more rural areas without advanced technology to mass produce products. Most developed nations have more industrial economies because they have the money and resources to do so.
Most economies today are economies?
all economies today are actually (mixed)
Most economies have what economists call?
mixed economies
Which commodity is used most in industrial economies?
Water.
Where do most people live in industrial economies?
Most people in industrial economies live in urban areas.
What two continents were most heavily colonized during the industrial revolution?
Africa and Asia to the extent of what i know
Why is it difficult for developing nations to establish industrial economies?
If a nation is developing they need to build up the country. There are more rural areas without advanced technology to mass produce products. Most developed nations have more industrial economies because they have the money and resources to do so.
What is the superlative of heavily?
The superlative of heavily is "most heavily."
Most economies today are economies?
all economies today are actually (mixed)
Most economies have what economists call?
mixed economies
Which is the most moving share in commodity market?
Equity share is the most moving share in commodity market.
Why are most economies referred to as mixed economies?
poverty is always higest in countries with market economies
Why are most economies refered to as mixed economies?
poverty is always higest in countries with market economies
What are the common uses for the mineral gold?
Industrial uses for gold are jewelry and as plating for electrical connections. It's too expensive for most other industrial uses. Gold is primarily used as a financial commodity, as a store of value independent of fiat currencies.
What are some of the problems countries in Central America and the West Indies have had due to Single Product economies?
Most of these countries rely on one single product as source of jobs and budgetary income. Hence, the overall economy is subject to the highs and lows of commodity prices in international markets. Therefore, during boom times (commodity prices go up) these economies expand very quickly, but are prone to financial bubbles and inflation. During recession times (commodity prices go down), many jobs are lost and the economy suffers too due to the impossibility of acquiring foreign currency.
