0
It causes a reliance on world market prices.
What else can I help you with?
What is a problem caused by having an export economy?
It causes a reliance on world market prices.
What is major problem with Africa having an export economy?
It makes the economy of Africa less stable.
What is a major problem with Africa having an export economy?
It makes the economy of Africa less stable.
How do you think having many good to export my strengthen and economy?
They might get money when they export it
Did having many goods to export strengthen the economy?
read yor social studies!!
What is a problem caused by having an export economy?
It causes a reliance on world market prices.
What is major problem with Africa having an export economy?
It makes the economy of Africa less stable.
What is a major problem with Africa having an export economy?
It makes the economy of Africa less stable.
How do you think having many good to export my strengthen and economy?
They might get money when they export it
How do you think having many goods export might strengthen the economy?
it wouldn't get to crowded
Did having many goods to export strengthen the economy?
read yor social studies!!
How do you think having many goods to export might strengthen the economy?
it wouldn't get to crowded
What is a problem caused by having an export econoomy?
A significant problem with an export-oriented economy is vulnerability to global market fluctuations. When a country relies heavily on exporting specific goods, any downturn in demand or price volatility can lead to economic instability, job losses, and reduced income from exports. Additionally, such economies may neglect domestic development, resulting in insufficient local industries and infrastructure to support sustainable growth. This over-reliance can hinder long-term economic resilience and diversification.
What are the main problems with having export economies?
Export economies are problematic because they depend heavily on global stability. If there are any wars that disrupt trade, that economy comes to a halt.
What problems are caused by having an export economy?
The varying world demand for any material may result in uncertain export income. Production may exceed what can be sold, and both weak demand and competition can drive prices lower. Over time, markets for some exports could either rapidly increase or suddenly disappear.
During the early 1800s what factor most contributed to the south having an agricultural economy?
the south had fertile soil and a warm climate
What are the advantages of having mineral deposits in a country?
The more valuable the minerals a country has, the richer it is. The country can export the minerals to other countries. The country can use its own minerals rather than having to import them from other countries. Having mineral deposits in a country can also affect the economy of that country. Mining and processing the minerals creates jobs and a healthy economy.
