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One-crop economy

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14y ago

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What is a one crop economy?

Economy based on a single crop, such as bananas, sugarcone or cacao.


What is single-crop economy?

An economy based on one crop.


What is the definition for the crop?

One-Crop Economy- An economy that is based on a single crop, such as bananas, sugarcane, or cacao.


What are the one-crop economies?

It is an economy based on a single crop, such as bananas or cacao.


What was the middle colonies economy based on?

It was based on cash crop farming.=] =) ;)


On what crop was South Carolina's economy first based?

It was based on Rice


Why is relying on one crop or resource a bad thing?

If/when the crop fails, they won't have any other things to sell or trade to support their economy.


Is it true or false that a country with one resource economy realize heavily on one crop or one industry?

True


Why has relying on one crop or resource presented an economic problem for many Latin American nations How have these nations been trying to solve this problem?

Relying on one crop or resource is a problem for anycountry. When the crop fails or the market for the crop or resource declines, the country has nothing else to fall back on for support. The only solution to this problem is the diversify the agriculture or general economy of the country involved.


What is one example of how reliance on a single crop or natural resource hase hurt the economy of a latin america country?

one example is that if you have a single crop you dont have the money you need to develop all of your resources


Was rice a southern cash crop?

Yes it was, it was one of the things the economy was based on


Was the crop that built the early economy in the English colony of Virginia?

Tobacco was the primary crop.