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What is the definition of underdeveloped economy?

definition of underdevlop economy


Was it the north or south who had an industrial economy?

The north had an industrial based economy. The south had an agricultural based economy.


What is the economy in Italy?

the economy of Italy is an industrial economy


What is a Industrial based economy?

an economy based on industry


What type of economy did the federalists support?

They support an Industrial Economy.


What is experience economy?

next economy following the agrarian economy, the industrial economy, and the most recent service economy.


Is the economy of Mexico agricultural or industrial?

It is a mixed economy, but industrial production has outpaced agricultural production since 40 years ago.


Is a mixed economy basically a command economy?

No, a mixed economy is basically a market economy with regulations and industrial policy.


What was the England economy economy in the 1800's?

Industrial


What type of economy is based on mining or producing raw materials to be used in foreign industries?

An industrial economy is based on mining or producing raw materials to be used in foreign industries.


Which economy was the steam engine important to?

industrial


What are the key features of the post industrial economy?

A post industrial economy is one in which the importance of manufacturing decreases and that of other areas grows. Some features of a post industrial economy would be declining manufacturing, increase in the service industry, and increases in technology and creativity.