It refers to traditional economy where per capita output is very low and decling over a period of time. Here financial assets are absent, whereas no financial assets other than money. No one comes to invest because there is no other financial assets to invest.
Of or pertaining to rudiments; consisting in first principles; elementary; initial; as, rudimental essays., Very imperfectly developed; in an early stage of development; embryonic.
A nice synonym for undeveloped is rudimentary.
The word 'finance' is a noun and a verb.The noun 'finance' is a singular, common, abstract noun; a word for a concept.The noun 'finance' is a word for the science or management of large amounts of money; a word for a thing.The noun forms of the verb to finance are financier an the gerund, financing.
Yes, it is an adjective for the noun finance. It means of or pertaining to finance.
The adjective form of the noun finance is financial, as in "They discussed financial matters."
The ABC's are rudimentary :)
It was a rudimentary method, but it was effective. It was a rudimentary understanding of the basis.
You must understand rudimentary math before you tackle quadratic equations. (rudimentary = basic)
Tying your shoes can be quite rudimentary.
The word rudimentory might not exist but rudimentary finance relates to an underdeveloped economy with low output and continuous decline. An economy or financial system with lack of financial instruments/power and unable to stimulate its economy and unable to save to allocate capital to investment.
She really liked the chair, but the finishing was rudimentary.
A rudimentary disc is an underdeveloped disc in the vertebral column. Rudimentary discs can cause constant back pain or neck pain depending on the area of the disc.
Alimentary is nutritious and rudimentary is basic. hope it helped :))
Of or pertaining to rudiments; consisting in first principles; elementary; initial; as, rudimental essays., Very imperfectly developed; in an early stage of development; embryonic.
Rudimentary means basic. So it would mean a basic sentence. For example: Tom likes candy.
Yes
A rudimentary seed is called an embryo. It consists of the basic structures needed for the plant to grow, such as the embryonic root and shoot.