Single Product Economy definition

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Single Product Economy

Single Product Economy logo #20865a country (usually LEDC) which relies on one, or a very small number, of products (usually raw materials) for its export earnings. e.g. Zambia, copper makes up 98% of its exports; Uganda, 95% coffee beans.
Found on http://geographyfieldwork.com/GeographyVocabularyGCSEIndustry.htm
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