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What type of economy did Russia start out as?
Like virtually all civilizations, Russia started out as an agriculturally based economy.
A country has a capitalist economy. Which of the following statements applies to it?
Companies compete with each other for business.
What was one of the most important differences between the northern economy and the southern economy?
What was one of the most important differences between the northern economy and the southern economy? The northern economy was industrially based. The Southern economy was agriculturally based.
What is maritime economy?
An economy primarily based on trade with countries via the sea. Islands are primarily maritime economies.
How is Italy a mixed Economy?
The economy in Italy is one that has diversified over the years, placing 7th of the largest economies in the world. Italy transitioned from its agriculturally-based foundation to that of industrial with major industries like manufacturing
What term applies to a country in which the economy is primarily based on diverse industries?
The term that applies to a country in which the economy is primarily based in diverse industries is called a market based economy. This means that people of that country buy diverse things there, such as gifts, or fresh food, and don't depend on one industry.
What is the definition of agricultural base?
Agricultural base refers to the foundation or core of an economy that relies primarily on agriculture for its livelihood and production. It encompasses the land, resources, and practices related to cultivating crops or raising livestock.
What type of economy did Russia start out as?
Like virtually all civilizations, Russia started out as an agriculturally based economy.
Is Madagascar a traditional economy?
Yes the country of Madagascar has a traditional economy but it performs very poorly. The economy is primarily agricultural based.
A country has a capitalist economy. Which of the following statements applies to it?
Companies compete with each other for business.
What was one of the most important differences between the northern economy and the southern economy?
What was one of the most important differences between the northern economy and the southern economy? The northern economy was industrially based. The Southern economy was agriculturally based.
What is maritime economy?
An economy primarily based on trade with countries via the sea. Islands are primarily maritime economies.
What describes the Confederate economy?
The Confederate economy was primarily agricultural.
How is Italy a mixed Economy?
The economy in Italy is one that has diversified over the years, placing 7th of the largest economies in the world. Italy transitioned from its agriculturally-based foundation to that of industrial with major industries like manufacturing
A country has a command economy. Which of the following statements applies to it?
The government owns and controls all major industries-apex
What is mono cultural economy?
An economy that depends primarily on one product.
What is the modern Egypt economy?
Egypt's economy is primarily tourism-based.
