1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Romashka-Z-Leto [24]
4 years ago
8

What is one advantage a country with a diverse economy has over countries with a single resource economy?

History
2 answers:
ASHA 777 [7]4 years ago
6 0
<span>The ability to produce a variety of goods and services.: this ability ensures an economic source even if one part of the market collapses or becomes outdated.

Diversified economies are more likely to be self-sufficient as well as longer lasting. The economy can help to support within itself and continue to build. When a sector leaves, the country will become dependent on an outside source for that sector. </span>
USPshnik [31]4 years ago
3 0

Answer:

Hi there!

I am also doing this Unit Exam in FLVS!

The answer would be A, 1. or the first one, and I am sure of it.

What is one advantage a country with a diverse economy has over countries with a single resource economy?

The ability to produce a variety of goods and services <---- My answer

The ability to make a single product more efficiently

The ability to control the stock market for a specific product

The ability to provide a very specialized service

Have a good one!

~Real

You might be interested in
What law did Andrew Jackson pass in the response to South Carolina's threatening to secede from the Union?
Lady_Fox [76]

Answer:

The Ordinance of Nullification

Explanation:

In November 1832 South Carolina adopted the Ordinance of Nullification, declaring the tariffs null, void, and nonbinding in the state. U.S. Pres. Andrew Jackson responded in December by issuing a proclamation that asserted the supremacy of the federal government.

8 0
3 years ago
How did James Madison's opinion about amending the constitution differ from Jefferson's opinion
avanturin [10]
<span>They had a difference of opinions on the policies of the interpretation of the constitution. Jefferson believed they should be strict whereas Madison believed in elasticity.</span>
3 0
4 years ago
What types of routes did the black death travel on
Viefleur [7K]

Answer:Kaffa wasn't the only eastern trading port on the Black Death's path, but Genoa's ships took the blame for bringing the pestilence. Once it hit Europe, the Black Death moved fast, traveling at an average speed of 2.5 miles per day (4 kilometers per day

Explanation:

5 0
3 years ago
why did George Washington call the congress under the articles of confederation "a shadow without a substance"
NISA [10]
George Washington called the Congress under the Articles of Confederation a "shadow without substance" because under the Articles of Confederation the Congress was given very limited powers. The Articles of Confederation gave most of the power to states and did not give much power to the national government. Therefore although it created national bodies like Congress they were just a shadow because they had very limited powers and not much of an ability to institute any real policies. 
4 0
3 years ago
How were the goals and actions of Wilson’s New Freedom similar to Roosevelt’s new nationalism? How were they different?
Nastasia [14]

Wilson's New Freedom and Roosevelt's new nationalism had one thing in common - they both supported progressive ideas.

Speaking about the differences, we can single out the following: Wilson's New Freedom was oriented on social welfare. New Nationalism, however, was not a supporter of the pure market.

3 0
4 years ago
Other questions:
  • How is gross domestic<br><br> product used to determine the business cycle?
    9·2 answers
  • What did African leader, Afonso, think about the slave trade?
    10·1 answer
  • Dom Perignon is named after a/an
    13·1 answer
  • 24
    13·2 answers
  • Which answer best expresses some of the issues related to the court system that are listed in the Declaration of Independence?
    8·1 answer
  • How did the pax romana enable the integration of multiple cultures across three continents
    12·1 answer
  • Because British troops stayed in people’s homes against their will during the American Revolution, the Bill of Rights denies sol
    11·2 answers
  • If corn oil is made of corn… and vegetable oil is made of vegetable, then what is baby oil made of????? T-T
    14·1 answer
  • 7. Which numbered region had the greatest surge in population as a result of the Dust Bowl?
    8·1 answer
  • What is the northernmost city Paul visited?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!