answersLogoWhite

0


Best Answer

Central America is conformed by Guatemala, Honduras, Belize, El Salvador, Nicaragua, Costa Rica and Panama. Each country has a different type of economy, but in general terms, all of them are developing countries where agriculture has an important share on the GDP, followed by services and commerce. Most of these countries export Natural Resources, such as tropical fruit or bauxite.

User Avatar

Wiki User

10y ago
This answer is:
User Avatar
More answers
User Avatar

Wiki User

10y ago

Central America is conformed by Guatemala, Honduras, Belize, El Salvador, Nicaragua, Costa Rica and Panama, while the Caribbean has several islands including Cuba, Puerto Rico, Haiti and the Dominican Republic. Each country has a different type of economy, but in general terms, all of them are developing countries where agriculture has an important share on the GDP, followed by services and commerce. Most of these countries export natural resources, such as tropical fruit or bauxite.

This answer is:
User Avatar

User Avatar

Wiki User

11y ago

Central America is known for coffee, sugar cane, and cacao trees:)

This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What statement best describes the economies of Central America?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What describes all of Central America?

isthmus


The isthmus of Panama links Central America with South America?

This is a Statement not a Question


Which statements accurately describes the measures of central tendency?

"Measures of central tendency are statistical measures." is an accurate statement.


What single product dominated the economies of central America?

Tropical fruit, especifically bananas. Hence the term banana republic.


Why is economic development in central America limited?

In Central America, one of the primary problems is that Central American economies are dependent on remittances or the money they get from citizens working in other countries. For instance, in El Salvador, the financial sector is dependent on the remittances El Salvador receives from the United States.Another problem in Central America that has come about because of the decline in the agriculture industry is unemployment. This leads to people seeking work in other countries, which both makes the economy dependent on remittances, and does not contribute to the creation of viable economies in their home countries.


What statement asbout violeta chamorros presidency is true?

She was Central America's First woman president.


A meat eater from South and Central America best describes what species?

Spectacled Caiman


What crops did central American economies depend on before the countries diversified their economies?

Bananas and coffee(:


Which statement is falseThe largest number of immigrants to America before 1860 came from Central and Southeastern Europe?

The largest number of immigrants to America before 1860 came from Central and Southeastern Europe.


The economies of Central America and the Caribbean are primarily based on which two factors?

Listen in school John pat Amy Rick josh Dan Brandon I know


Central planning committees fix production quotas in the free enterprise system.?

NO. Central Planning Committees only exist in planned economies, not free-enterprise capitalist economies. Production quotas are made by individual companies in capitalist economies.


When you unscramble the word lrnceta eaiamrc what is it?

The anagram is Central America.