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Why do you have a less developed economy?

we have a less developed economy because of the corruption of the government.


Why was the mongols sheep based economy?

droughts and long winters sometimes ravaged the herds


On what natural resources was the New England economy basedand the southern economy what industries developed?

they developed an economy based on farming


Why did peasants enjoy strong support under mongol rule?

The Mongols gave strong support to the peasants and peasant economy of China, believing that the success of the peasant economy would bring in additional tax revenues and ultimately benefit the Mongols themselves.


Why was the Mongols' sheep-based economy unstable?

droughts and long winters sometimes ravaged the herds


Why was the Mongols' sheep based economy unstable?

droughts and long winters sometimes ravaged the herds


What is centrally planned economy with all economic with all economic and political power resting in the hands of the central government?

A centrally planned economy with all economic and political power resting in the hands of the central government is known as communism. Karl Marx developed communism into a scientific theory.


Is the Vatican City's economy developed or developing?

The economy of the Vatican is developed. It is supported by donations from Catholics from around the world, from investments, from sale of religious items and souvenirs and from museum admissions.


What are stages of economic developmet?

There are three stages of economic development viz., under developed economy, developing economy, and developed economy. While many African countries are still regarded as underdeveloped economy, Indian economy has graduated to developing economy. US,UK,Canada, France,Sweden, Japan and now China have proudly scaled to developed economy.


Modern industrial society with a well-developed economy?

developed country


Why was the mongols sheep based economy unstabe?

The Mongols' sheep-based economy was unstable due to its heavy reliance on a single resource, which made it vulnerable to environmental fluctuations, such as droughts or harsh winters that could decimate sheep populations. Additionally, the nomadic lifestyle of the Mongols required constant movement to find pastures, leading to potential conflicts with neighboring tribes over territory and resources. This dependence on sheep also limited diversification in their economy, making it susceptible to market fluctuations and reducing resilience against economic shocks.


How develop is Japan?

Japan is very developed as it has the third largest economy in the world.