Answered

Find the best answers to your questions at Westonci.ca, where experts and enthusiasts provide accurate, reliable information. Ask your questions and receive detailed answers from professionals with extensive experience in various fields. Discover detailed answers to your questions from a wide network of experts on our comprehensive Q&A platform.

economic system of Ethiopia over the recent three regimes​

Sagot :

dubeyshailja64

Ethiopia has a traditional system of economy that focuses on agricultural practices mostly in the country.

What is an economic system?

The economic system of the country represents the activities that helped in earning economic value. This includes the production of goods and services, allocation of resources, and their optimum utilization.

The economic system of Ethiopia focuses on agricultural practices like farming to maintain the economy of the country. Some degree of free enterprise existed in Ethiopia's economy.

All means of production which includes land, buildings, farms, and businesses, were nationalized during the communist Derg regime's 1974–1991 tenure.

The government has dedicated a lot of attention to rural development, despite the fact that land has remained nationalized and which helps to improve the conditions of rural areas of the country.

Learn more about the economic system, here:

https://brainly.com/question/27630988

#SPJ1

We appreciate your time on our site. Don't hesitate to return whenever you have more questions or need further clarification. Thanks for using our service. We're always here to provide accurate and up-to-date answers to all your queries. Westonci.ca is your go-to source for reliable answers. Return soon for more expert insights.