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What is Jamaica economy?

Updated: 8/16/2019
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the climate in Jamaica is vary hot and humed

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Q: What is Jamaica economy?
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Is Jamaica a command economy or market economy?

Jamaica is a mixed economy


Is Jamaica a market command or mixed economy?

Jamaica's economy is considered a mixed economy because it has both privately owned businesses and state-run enterprises. Tourism is a strong part of Jamaica's economy. Some of its top exports are bauxite, sugar, and alumina.


Why is Jamaica a mixed economy?

Jamaica's economy is considered to be a mixed economy because in addition to having private sector businesses, it also has state run enterprises. Two of Jamaica's main exports are coffee and sugar.


Is Jamaica has unplanned unplanned or mixed economy?

it has a mixed economy


What impact do entrepreneurial resources have on Jamaica economy?

The answer to this is it makes jamaica more money


What is economy like in Jamaica?

its very pretty


Does Jamaica have a traditional economy?

Jamaica has a traditional economy like most other countries, but relies heavily on tourism. Visitors from around the world come there throughout the year to spend money.


What are jamaica's main crops?

The central economy of Jamaica is from its agriculture products. Jamaica of a big exporter of bananas, citrus, coffee, cocoa, spices, and sugar.


Why is tourism import to Jamaica?

It is a major source of an otherwise desolate economy.


Benefits of bauxite to Jamaica?

One benefit of bauxite to Jamaica is that the mining of the mineral creates jobs. This also helps stimulate the economy of the country.


Why don't Jamaica have nuclear weapons?

Nuclear weapons are very expensive. Jamaica does not have nearly the kind of economy that permits the building or purchase of such expensive weapons. And nobody is going to invade Jamaica anyway. Jamaica does not need nuclear weapons.


What is the effect of religion on jamaica's economy?

Religion in Jamaica affects the public's views towards the items that are sold in shops and the word days. A great percentage of the religious people in Jamaica opt to keep their businesses closed on Sundays.