0
What else can I help you with?
What does 'agricultural economy' mean?
An economy based on farming the land.
What does it mean to say the US has a service economy?
Economies have several types of businesses, such as agricultural, manufacturing and service. Agricultural and manufacturing businesses are self-explanatory. Service business are ones that provided services like telephone, sales, medical and the like to the economy. A country's economy is called a service economy if its businesses are predominantly service oriented as opposed to agricultural or manufacturing oriented. The US has more businesses that provide services to the public than farming or manufacturing businesses, therefore it is a service economy.
What does it mean to say US has a service economy?
Economies have several types of businesses, such as agricultural, manufacturing and service. Agricultural and manufacturing businesses are self-explanatory. Service business are ones that provided services like telephone, sales, medical and the like to the economy. A country's economy is called a service economy if its businesses are predominantly service oriented as opposed to agricultural or manufacturing oriented. The US has more businesses that provide services to the public than farming or manufacturing businesses, therefore it is a service economy.
What is enconmy?
Do you Mean Economy? if you do Economy is Like the Currency that a country of such has and the way they make there money.
What does it mean if a country is in decline?
It means the economy is bad.
What does agrarian state mean?
An agrarian state is a society or country where the economy is largely based on agriculture and farming activities. In such a state, agriculture plays a significant role in the economy, shaping social structure and cultural practices.
What do you mean by industery?
Industry is the production of a good or service within an economy.
What is a Country moving from an agricultural to an industrial economy are referred to as?
I think you mean a developing country.
What is mean by economic development?
How much the economy is growing in that country
What does the economy of China is is in transition mean?
The economy is moving from central planning toward a market-based system.
The economy of china is in transition .what does this mean?
The economy is moving from central planning toward a market-based system.
What is the base for a country to be classified into construction sector manufacturing sector and service sector?
I would put it this way: Construction sector. This would mean a country that undertakes to spin it economy from construction of buildings,bridges,infra structures for its economic development and per capita income. manufacturing sector. This would mean a country that relies on manufacturing for export and derives its income from such exports. service sector. this would mean a country that derives its per capita income from services rendered localy.
