Dual economies are common in less developed countries, where one sector is geared to local needs and another to the global export market.
It results into inflation in the country
Dualism is economic and social divisions of an economy. The social dualism in India is the coexistence of advanced science, superstitions and the cost system. Technical dualism in India is the Green Revolution in the top 10% of their rural population. Geographical dualism is the labor migration, capital movements and trade.
The country's currency becomes nearly worthless.
dualism
Having a monarchy has no effect on the economic system of that country. Monarchies have presided over traditional economic states, mercantilist states, capitalist states, welfare-socialist states, etc.
It results into inflation in the country
Dualism is economic and social divisions of an economy. The social dualism in India is the coexistence of advanced science, superstitions and the cost system. Technical dualism in India is the Green Revolution in the top 10% of their rural population. Geographical dualism is the labor migration, capital movements and trade.
The country's currency becomes nearly worthless.
it dies
dualism
Because Filipinos could not let go of the primitive ways that they are used to.
Economic development of a country ensures that the global economy becomes more stable. It also makes international business much easier and lucrative.
Economic development of a country ensures that the global economy becomes more stable. It also makes international business much easier and lucrative.
Having a monarchy has no effect on the economic system of that country. Monarchies have presided over traditional economic states, mercantilist states, capitalist states, welfare-socialist states, etc.
Which of the following was not an economic effect of colonization? Global economic development
Dualism - album - was created on 2011-09-23.
Rene Descartes is credited with developing the concept of dualism in philosophy.