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Why does overreliance on one product weaken an economy

User Razia
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2 Answers

4 votes
Reliance on one product weakens a country because if there is depletion of that one product the country is basically doomed :p
User Hari Menon
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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!
User Novacara
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