What has boosted the czech republic's economic development? crop production energy resources foreign investment oil deposits

Social Studies

2 answers:

adoni [48]3 years ago

7 0

Foreign investment played a leading role in boosting the economy in several nations including the Czech Republic

Nikolay [14]3 years ago

3 0

Answer: Foreign investment

Explanation: Until the fall of communism in Eastern Europe, Czech Republic was an integral part of Czechoslovakia. After the separation from Slovakia and the declaration of independence, it passed through the inevitable transition period. It is a difficult period of transformation of the economy, administration, legislation, in general adapting to the conditions of a market economy. Although the Czech Republic is rich in natural resources such as water, trees, flora and fauna, crops, foreign investments have been crucial, as well as in many other East European countries on the path of economic transformation.

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