What is one example of a closed economy

2 answers:

8 0

A closed economy is an economy in which no activity is conducted with outside economies. A closed economy is self-sufficient, meaning that no imports are brought in and no exports are sent out. The goal is to provide consumers with everything that they need from within the economy's borders. A closed economy is the opposite of an open economy, which is when a country will conduct trade with outside regions.

A closed economy is the opposite of an open economy, in which a country will conduct trade with outside region.

solmaris [256]3 years ago

4 0

A closed economy is an economy that does not interact with other economies. Meaning they do not get imports nor do they export anything from their economy.
One example is Brazil

You might be interested in

What do Muslims believe about the afterlife?

vladimir2022 [97]

Answer:

they eat themselves Islam teaches that there is life after death, and this is known as Akhirah . In Islam, it is Allah who decides when a person dies and most Muslims believe that when they die, they will stay in their graves until Yawm al-din , the Day of Judgement .

Explanation:

3 0

2 years ago

Sarah is a meticulous housekeeper who takes great pride in taking care of her home. As she reaches her seventies, however, it is

Colt1911 [192]

All of these strategies involve using selective optimization with compensation.

Answer: Option D

Explanation:

Selective optimization with compensation speaks about how to improve health and the well being of the older adults. This gives importance to aging in a successful way.

All the strategies which are given in the options speak about the selective optimization with compensation. She thinks that cleaning is the most important for her so cuts down on other activities and she does not want to totally depend upon the cleaning services. So all these talk about selective optimization.

3 0

2 years ago

How did Muslim Turks influence Turkey’s development?

Paha777 [63]

The established presence of Islam in the region that now constitutes modern Turkey dates back to the latter half of the 11th century, when the Seljuks started expanding into eastern Anatolia. According to religiosity polls, 99.8% of the population identifies as Muslim,[1] and only 2% is non-religious.[2] Most Muslims in Turkey are Sunnis, forming about 78% of the overall Muslim denominations. The remaining Ithna'ashari-Shia Muslim sects forming about 20%[3] of the overall Muslim population consist of Alevis, Ja'faris (representing 4%[

4 0

2 years ago

Read 2 more answers

You read that plastic products are made and shipped around the globe which them of geography are u most likely reading about? PL

nata0808 [166]

Answer:

I think the answer is movement

3 0

2 years ago

Read 2 more answers

In today's global environment, everything and everyone are digitally connected to everything and everyone else. the term used

Leya [2.2K]

In today's global environment, everything and everyone are digitally connected to everything and everyone else. The term used to describe this is internet of everything (IoE). Internet of everything describes that every object and every person has an IP address and are connected with each other through the global Internet. Digital information are shared.

7 0

2 years ago