a. The economy is a mix of developed and developing. While some sectors, such as technology and finance, are highly advanced and developed, there are still areas that experience poverty and lack of infrastructure.
b. Two major cities include the capital city, which is typically the economic center, and another city known for its industrial or commercial significance. The specific cities can vary depending on the country in question.
c. The country's exports consist of goods and services that are produced domestically and sold to other countries. These can include manufactured products, agricultural goods, natural resources, and services such as tourism or financial services.
d. The country's imports are goods and services that it purchases from other countries. These can include raw materials, machinery, consumer goods, and services that are not readily available domestically.
e. Trading partners are countries with which the country engages in significant trade activities. These can include neighboring countries, major global economies, or countries with which the country has specific trade agreements or partnerships.
5. Summary of the economy (4 points)
a. Developed vs developing?
b. At least 2 major cities
c. Exports
d. Imports
e. Trading partners
1 answer