Question

Cotton has become a major export product for Pakistan. What are the advantages and disadvantages of having one major product such as this?

Answer 1

Answer:

The advantage of having one major product like this is the ability of the government to fully focus on it and ensure that the yield and quality are boosted through various experiments and technological innovations.

The disadvantage is that if anything goes wrong such as an outbreak of disease associated with cotton then the economy will be greatly diminished as a result of low yield and less GDP which will affect the government and people.