one example is that if you have a single crop you dont have the money you need to develop all of your resources
One-crop economy
a mono-economy is a economy relying on one major export or natural resource to bring most of the currency into the country.
Latin America is a region composed of many countries. As such, each individual country has a different kind of government and economy. Some examples include:Mexico: Federal Republic; Export-oriented economyCuba: Communist State; tourism-oriented economyBrazil: Federal Republic; resource-oriented economy
a one-resource economy is an economy that relies on one thing
a one-resource economy is an economy that relies on one thing
One-crop economy
a mono-economy is a economy relying on one major export or natural resource to bring most of the currency into the country.
Canada's economy based on the industries associated whit these resources
Latin America is a region composed of many countries. As such, each individual country has a different kind of government and economy. Some examples include:Mexico: Federal Republic; Export-oriented economyCuba: Communist State; tourism-oriented economyBrazil: Federal Republic; resource-oriented economy
a one-resource economy is an economy that relies on one thing
a one-resource economy is an economy that relies on one thing
copper
Brazil
Brazil has the strongest economy in South America.
Argentina, except for his economy.
Coal mining affects the economy because it is a relatively cheap energy resource, because it is abundant in most of America.
Mongolia has a mixed government