There is only one renewable resource to Latvia's economy and it is timber.
Because they thought that it would help boost their economy and attract more tourists.
No, Latvia doesn't have any type of nuclear weapons and never had.
Latvia is quite a capitalist economy. It has a small welfare state and flat taxes. It is a business friendly and open economy. Compared to continental Europe there are less regulations, but less redistribution of wealth leading to quite high number of poor people. Privatization of old communist industry has mostly been completed.
It has a market economy. BUT IT WAS a command economy
Opposite of Market Economy
a type of economy that is very sincitiv in a matter of time
it has a mixed economy
Capilatist Economy (:
market economy
mixed economy
A traditional economy.