No. Its diversifed for some like USA, UK, France, China, Germany, Japan who make every thing from hair pin to cruise missiles. And its limited to a thing or two for countries like Saudi Arabia+Kuwait+Oman (Oil), Pakistan ( Agriculture), Malaysia (Palm Oil & Tourism ), and Lexumberg ( Tourism). Hope this helps.
egypt
A diversified economy is one that is based on more than one thing. It's based on manufacturing, agriculture, trade, etc. rather than just one of those things. A diversified economy is a economy that focuses on more than one thing like Canada that it doesnt focus only on mining it focuses on other stuff too. The opposite of diversified economy would be Kuwait since the economy is highly depended on oil production.
The antonym of a single product economy is a diversified economy. While a single product economy relies heavily on one primary product or industry for revenue and growth, a diversified economy encompasses multiple sectors and industries, reducing dependency on any single source. This diversification can enhance stability and resilience against market fluctuations.
Almost every country has a market economy; North Korea still has a command economy. WRONG^^ U.S. is rumored to be a market economy, but there are not pure market economy.
Vietnam's economy today is characterized by robust growth, driven by manufacturing, exports, and foreign investment. It has transitioned from an agricultural base to a more diversified economy, focusing on technology, services, and trade. The country is a member of several trade agreements, enhancing its global economic integration. However, challenges such as environmental sustainability and income inequality remain significant.
egypt
Israel is the Eastern Mediterranean country that has the most diversified economy. Israel has a market economy, and in 2014, its GDP was $286.840 billion.
They had a diversified economy.
Israel
The Kingdom of Jordan has a well diversified economy. The Worls Bank considers it an "upper middle income" country.
India's dynamic economy and diversified workforce are reflected in the country's ever-changing career prospects.
A diversified economy is one that is based on more than one thing. It's based on manufacturing, agriculture, trade, etc. rather than just one of those things. A diversified economy is a economy that focuses on more than one thing like Canada that it doesnt focus only on mining it focuses on other stuff too. The opposite of diversified economy would be Kuwait since the economy is highly depended on oil production.
Syria has a diversified socialist economy.
a diversified worldwide commercial economy.
econonomcs
tobacco harvesting.
tobacco harvesting.