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vovangra [49]
3 years ago
15

A country that is changing its economy foucus from agriculture to industry has a economy

History
1 answer:
Alja [10]3 years ago
3 0

Answer:

This kind of Economy is known as Developing economy.

Explanation:

  • A nation like India that was a cultural and mainly agricultural driven nation has now turned its economy to the tertiary sector and more limited on agriculture though the agriculture still continues the spine of the economy.
  • But as the country has reached a self-sufficient in terms of the agricultural and the food self-sufficiency and onset of the stage of Globalization and industrialization the economy of India is set to reach a high mass consumption phase.
  • This can also be seen as the onset of the period of the green revolution in India.

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