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Does Jamaica have a traditional economy?

Updated: 8/23/2023

Wiki User

∙ 9y ago

Best Answer

Jamaica has a traditional economy like most other countries, but relies heavily on tourism. Visitors from around the world come there throughout the year to spend money.

Wiki User

∙ 9y ago

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Wiki User

∙ 11y ago

Yes it is a Traditional Economy

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Continue Learning about Economics

Is Jamaica a market command or mixed economy?

Jamaica's economy is considered a mixed economy because it has both privately owned businesses and state-run enterprises. Tourism is a strong part of Jamaica's economy. Some of its top exports are bauxite, sugar, and alumina.

What impact do entrepreneurial resources have on Jamaica economy?

The answer to this is it makes jamaica more money

What is the economic system in Kazakhstan?

Kazakhstan has a Traditional economy

Habit and custom determine economic activities in a?

Traditional Economy

What is economy like in Jamaica?

its very pretty

Related questions

Is Jamaica a command economy or market economy?

Jamaica is a mixed economy

Is Jamaica a market command or mixed economy?

Jamaica's economy is considered a mixed economy because it has both privately owned businesses and state-run enterprises. Tourism is a strong part of Jamaica's economy. Some of its top exports are bauxite, sugar, and alumina.

What is Jamaica economy?

the climate in Jamaica is vary hot and humed

Why is Jamaica a mixed economy?

Jamaica's economy is considered to be a mixed economy because in addition to having private sector businesses, it also has state run enterprises. Two of Jamaica's main exports are coffee and sugar.

Is Jamaica has unplanned unplanned or mixed economy?

it has a mixed economy

What impact do entrepreneurial resources have on Jamaica economy?

The answer to this is it makes jamaica more money

What is the economic system in Kazakhstan?

Kazakhstan has a Traditional economy

Habit and custom determine economic activities in a?

Traditional Economy

What is the traditional Christmas clothing for kids in Jamaica?

what kind tree's do Jamaica use for Christmas

What is a good word sentence using the word traditional economy?

china is not a traditional economy now. It has emerged as mix economy.

What is economy like in Jamaica?

its very pretty

What are the three types of economy?

Command economy, market economy, and traditional economy. The United States of America is a Market economy.

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