At present, the African economy is based on commodities and raw materials. Components of its economy include industry, agriculture, and trade.
The economy of French and Dutch colonist was based on an agricultural economy based on African slavery
An economy based on only one market is an invitation to disaster. If that market fails, the entire economy fails. With diversification, an economy can survive a failed market.
A custom based economy refers to an economy whereby the goods and services that have value are given without any form of agreement. This is done for a reward in future or at the moment. At the moment China is practicing this with some African countries.
When the government controls the entire economy, it is called a centrally planned economy.
Review of African Political Economy was created in 1974.
The South's economy was based on Farming. They used African American Slaves to do the work. There were few factories, unlike the North who had an industrial economy.
an economy based on industry
Gold affects the South African economy in a wide variety of ways. The South African economy is not doing well and is not very prosperous. The abundance of gold greatly improves the economy.
the caribbean the african economies can be described as one.discuss
The economy of Khashaat is based on herding.
northern economy was based on manufacturing
Iowa's economy is based on Agriculture.