What is another word for dual economy?

Pronunciation: [djˈuːə͡l ɪkˈɒnəmi] (IPA)

The term "dual economy" tends to refer to an economic system with two distinct sectors, one modern and developed while the other is marginal and underdeveloped. Some synonyms for "dual economy" include bifurcated economy, binary economy, split economy, dualistic economy, twofold economy, and mixed economy. Additionally, some related terms might include: - Uneven development: this refers to the unequal growth and development between different regions or sectors within an economy. - Informal economy: this refers to economic activities that are not officially recognized or regulated by the government. - Shadow economy: this refers to economic activities that are not reported to the government for tax or statistical purposes. - Parallel economy: this refers to a separate and unofficial economy that runs alongside the official one.

What are the hypernyms for Dual economy?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.
  • Other hypernyms:

    economic system, economic structure, economic framework, economic regime, macroeconomic system.

Related words: capitalism and socialism, prisoner's dilemma, game theory, ersatz capitalism, dual economy, socialist market economy, capitalism and the middle class, communism in china

Related questions:

  • What is a dual economy?
  • Why do countries have dual economies?
  • How does a dual economy work?
  • What is the capitalist market economy?
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