Why does overreliance on one product weaken an economy

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asked Dec 20, 2017 98.2k views

2 Answers

Hari Menon · Answer 1 · 2017-12-21T12:44:30+0000

Reliance on one product weakens a country because if there is depletion of that one product the country is basically doomed :p

Novacara · Answer 2 · 2017-12-24T23:58:31+0000

Hey there!

There are certain risks involved when countries over-rely on one product. For example, if that particular products fails, the whole economy will need to suffer.

Thank you!

Why does overreliance on one product weaken an economy

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