Primary product dependency
What Primary product dependency means in Economics A-Level, as defined for AQA, Pearson Edexcel.
Definitions of Primary product dependency
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Reference: AQA
A heavy reliance on the primary sector, such as agriculture or resource extraction, leaving economies vulnerable to volatile commodity prices.
When an economy relies heavily on the export of raw materials and agricultural goods.
Topics that use Primary product dependency
- Economic growth and development (AQA A-Level)
- Emerging and developing economies (Pearson Edexcel A-Level)
Related terms
- Economic development
- Human Development Index (HDI)
- Savings gap
- Economic growth
- Foreign aid
- Foreign direct investment
- Globalisation
- Human capital
Using Primary product dependency in the exam
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