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A1: 'rational' answer
A way of conceptualizing the existence of two (sometimes more) separate but symbiotic sets of economic processes or markets within the same political or national social framework. In Third World societies, for example, a dual economy is formed by the coexistence of peasant subsistence agriculture and cash production of basic commodities or industrial goods for the international market. An analogous division exists in highly industrialized economies between the corporate core and peripheral firms and labour-markets.
A2: common sense answer
Economic Dualism is ignoring the difference between material trade and virtual investment banking. Or giving value to the trade-tool money (Midas Mistake)
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Effects of economic dualism?
It results into inflation in the country
What is the Dualism in Indian Economy?
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 economic dichotomy that occurs in countries where a modern commercial economy overlies a subsistence economy is called?
dualism
What is the effect of economic dualism on a country?
Dual economies are common in less developed countries, where one sector is geared to local needs and another to the global export market.
What 5 major economic goals?
Economic Effiency Economic Freedom Economic Security Economic Equity Economic growth and Innovation
Effects of economic dualism?
It results into inflation in the country
What is the Dualism in Indian Economy?
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 economic dichotomy that occurs in countries where a modern commercial economy overlies a subsistence economy is called?
dualism
Why does the technological dualism bring Filipino economic down?
Because Filipinos could not let go of the primitive ways that they are used to.
When was Dualism - album - created?
Dualism - album - was created on 2011-09-23.
What is the effect of economic dualism on a country?
Dual economies are common in less developed countries, where one sector is geared to local needs and another to the global export market.
Did any dynasty achieve dualism?
The Han Dynasty came closest to achieving dualism.
What is financial dualism?
Financial dualism simplistic concept that all issues can be divided into either/or states such as good/bad, right/wrong. Financial dualism improving the level of informal financing sector.
What has the author Alpana Chakraborty written?
Alpana Chakraborty has written: 'Mind-body dualism' -- subject(s): Dualism, Sankhya
What has the author Paul Pasch written?
Paul Pasch has written: 'Monetary dualism' -- subject(s): Financial institutions, National income, Economic conditions, Banks and banking 'Politik und Wirtschaft' -- subject(s): Financial institutions, Economic conditions, Banks and banking
What has the author Badri Prasad Shreshtha written?
Badri Prasad Shreshtha has written: 'Regional development in Nepal' -- subject(s): Economic policy, Regional planning, Rural development 'Economic dualism and development in Nepal' -- subject(s): Economic conditions, Economic policy 'An introduction to Nepalese economy' -- subject(s): Economic conditions, Economic policy 'SAARC, an economic perspective' -- subject(s): Economic conditions, South Asian Association for Regional Cooperation 'The economy of Nepal' -- subject(s): Economic conditions, Industrialization
What are some dualism holidays?
no it is int
