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Why might developing countries have only primary and secondary economic activities?
because they have over 20 k in money or over a thousand more for
Why might developing countries have only primary and secondaryeconomic activites?
Developing countries may primarily engage in primary and secondary economic activities due to limited access to technology, capital, and infrastructure, which restricts their ability to advance to tertiary activities like services. Their economies often rely on agriculture and raw material extraction (primary activities) and basic manufacturing (secondary activities) to drive growth. Additionally, educational constraints may lead to a workforce that is less skilled in service-oriented industries. Consequently, these nations focus on leveraging their natural resources and labor-intensive production to stimulate economic development.
Why might developing countries have only primary and secondary economic activites?
Developing countries often have primary and secondary economic activities due to limited access to technology, capital, and infrastructure, which hinders the growth of tertiary (service-oriented) sectors. Their economies typically rely on agriculture, mining, and manufacturing, which are easier to establish without extensive resources. Additionally, a lack of education and skill development can restrict the workforce's ability to engage in more advanced service industries. Consequently, these nations may remain focused on basic economic activities that can generate immediate employment and income.
Economic growth is the aspiration of all developing countries Discuss whether it is always better to have economic growth in all economy?
I think economic growth is an aspiration in an developing countries I think economic growth is an aspiration in an developing countries
How do the economic effects of globalization on developing countries compare to the of developed countries?
Intergovernmental organizations have brought economic aid to developing countries, but have given developed countries more influence and control.
What are the economic activities in the amazon basin?
developing life in it
How do the economic. Effects of globalization on developing countries compare to those of developed countries?
Intergovernmental organizations have brought economic aid to developing countries, but have given developed countries more influence and control.
How do the economic effects of globalization on developing countries compared to those developed countries?
Intergovernmental organizations have brought economic aid to developing countries, but have given developed countries more influence and control.
How do the economic effects of globalization on developing countries compare to those of developed countries'?
Intergovernmental organizations have brought economic aid to developing countries, but have given developed countries more influence and control.
What are the economic activities of each southeast asian countries?
Fishing, agriculture and mining are the economic activities of most of the south east Asian countries. Agriculture, mining and fishing are some of the economic activities of each southeast Asian countries.
Explain the different types of economic activities?
primary, secondary and tertiary
What are the traditional economic countries?
Many third world countries or developing countries have a traditional economy.
