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"one-commodity" country.

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14y ago
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Avery Friedman

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2y ago

Rentier State

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Q: What is a nation called when it relies on one product for its economic well-being?
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Related questions

The nation's economic health is currently calculated by using what?

Gross Domestic Product


What is the economic and political domination of a strong nation over the weaker nations?

It is called imperialism.


Why is Sir Lynden Pindling known as the father of the nation?

because he contributed to the wellbeing of many bahamian children


What was the nation's first economic crisis And how was it further complicated?

its called your social studies textbook lolol


What was the nation's first economic crisis How was it further complicated?

its called your social studies textbook lolol


What is a nation's gross domestic product?

Gross domestic product or GDP is a valuable summation of nations economic productivity. The simple formula for deriving GDP is adding a nation's total currency value of consumption, investment, government expenditures and net exports together.


Impact of sales force in economic development of a nation?

sImpact of sales force in economic development of a nation


Meaning of economic instability?

refers to unstable economic in the nation


Who said 'One nation - One State' is a product of?

'one nation-one state'is a product of


Why economic planning is needed for economic development?

So that the nation progresses


Was a new economic philosophy that stated that a nation's economic strength depended on keeping and increasing its gold supply?

Capitalism was a new economic philosophy that stated that a nation's economic strength depended on keeping and increasing its gold supply.


What allocates the economic resources of the nation?

scarcity