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It refers to an economy, a national economy, which relies almost exclusively on the production and export of a single product
What else can I help you with?
What is the difference between mono product economy and import oriented economy?
Describe Nigeria's economy as Mono-product and import oriented economy
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.
What are the Effect of mono economy?
A mono economy refers to an economy heavily dependent on a single industry or sector. The effects of a mono economy include vulnerability to fluctuations in that industry, lack of diversification leading to economic instability, and limited opportunities for growth and development in other sectors. Additionally, a mono economy can hinder innovation and resilience in the face of external shocks.
What is mono cultural economy?
An economy that depends primarily on one product.
Does Nigeria practice mono economy?
yes
What would the national economic development authority director do to solve the unfavorable balance of payments?
There exists nothing to do at least for now in that Nigerias' economy is a mono culture economy,which is the bedrock of all corrupt practices.
What best explains the problems with a mono-agricultural economy?
growing single crop on the same land over and over for long period of time.
Are Hinduism mono theists or poly theists?
last time my teacher just said their mono. Buddhism is the one that's poly.
What are the Shlomi saranga mono lyrics?
Mono is like single or alone, so it's mono mono, all my life I'll be mono, I'm alone and it's good to me, mono, from love I run away, mono... That's the chorus atleast
What is another name for mono saccharides?
mono
What is mono et mono?
one on one.
Are guitar cable mono or stereo?
Mono
