Meaning Single Product Economy
What does Single Product Economy mean? Here you find 3 meanings of the word Single Product Economy. You can also add a definition of Single Product Economy yourself
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Single Product Economya country (usually LEDC) which relies on one, or a very small number, of products (usually raw materials) for its export earnings. e.g. Zambia, copper makes up 98% of its exports; Uganda, 95% coffee b [..]
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Single Product EconomySingle product economy is where a country produces one product (primary products) with no value added for export
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Single Product Economya country that relies on one product for exports, like Zambia or Haiti
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