3 Drag each tile to the correct box.
Which economics term does each scenario describe?
diversified economy
specialization
single-resource economy
A nation rich in precious gen/Stones just exports diamonds
to be made into necklaces, rings, and other jewelry.
>
A nation with many pineapple plantations exports fresh
pineapples, canned pineapples, and pineapple products.
A nation with several climate zones exports almonds,
cranberries, corn, wheat, and peaches.
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3.

Diversified economy ==> A nation with several climate zones exports almonds, cranberries, corn, wheat, and peaches.

Specialization ==> A nation rich in precious gem/stones just exports diamonds to be made into necklaces, rings, and other jewelry.

Single-resource economy ==> A nation with many pineapple plantations exports fresh pineapples, canned pineapples, and pineapple products.

Explanation:

Each of these economies differ from each other greatly.

Diversified economy - A nation with several climate zones exports almonds, cranberries, corn, wheat, and peaches.

Specialization - A nation rich in precious gem/stones just exports diamonds to be made into necklaces, rings, and other jewelry.

Single-resource economy - A nation with many pineapple plantations exports fresh pineapples, canned pineapples, and pineapple products.

Explanation: