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definition of underdevlop economy
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What type of country would most likely have a traditonal economy?
underdeveloped
In which type of country is one most likely to find traditional economy?
underdeveloped
Name three basic characteristics of an underdeveloped economy?
formality of a group and its people and how they preform their duties to their services
In which type of country is one most likely to find a traditional economy?
underdeveloped
What was the economy in Italy like in 1922?
The economy of 1922 was in the midst of a deep convulsion with mass unemployment, food shortages, and strikes. The economy was relatively underdeveloped versus Western Europe and lacked strategic resources, such as oil, considered essential to the modern world.
What type of economy was Romania?
Before 1989 Romania has a socialist, planned economy, state economy.
What type of country would most likely have a traditonal economy?
underdeveloped
In which type of country is one most likely to find traditional economy?
underdeveloped
Name three basic characteristics of an underdeveloped economy?
formality of a group and its people and how they preform their duties to their services
In which type of country is one most likely to find a traditional economy?
underdeveloped
What is the definition of tradition-based economy?
An underdeveloped economy in which communities use primitive tools and methods to harvest and hunt for food, often resulting in little economic growth. Traditional economies are often found in rural regions with high levels of subsistence farming. Countries that evolve their economies past the traditional level often develop into market economies or command economies.
How are underdeveloped countries underdeveloped?
yes
Is Sudan developed or underdeveloped?
Underdeveloped
What was the economy in Italy like in 1922?
The economy of 1922 was in the midst of a deep convulsion with mass unemployment, food shortages, and strikes. The economy was relatively underdeveloped versus Western Europe and lacked strategic resources, such as oil, considered essential to the modern world.
What are stages of economic developmet?
There are three stages of economic development viz., under developed economy, developing economy, and developed economy. While many African countries are still regarded as underdeveloped economy, Indian economy has graduated to developing economy. US,UK,Canada, France,Sweden, Japan and now China have proudly scaled to developed economy.
What is the definition of one resource economy?
idgaf
What is the definition of a high throughput economy?
Boom
