Question

What term describes the economy of a country which produces one primary good or service?

Diversified
Industrialized
Single resource
Import focused

Answer 1

Answer: Single Resource

Explanation: Because the country relies on a single native product, like for example, there will be only grapes in a country and they will only sell grape based products because of it.

Answer 2

Answer:

Obviously the answer is C.) Single Resource.

Explanation:

The country produces one good, so single resource economy best describes this.