dual economy
noun[C]
ECONOMICSukusaneconomicsystemthat consists of two very differentparts:
Thecountrycontinuestoexhibitthefeaturesof adualeconomy, with arelativelydynamicoilexportsectorcontrastingwithsluggishgrowthin therestof theeconomy.
Examplesofdual economy
dual economy
In reality, adualeconomywill come into existence, where two separate economic sectors will begin to coexist in one country.
From
This example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.The farmers were also slate miners but phylloxera ended thisdualeconomy.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.These changes created a socialist planned commodity economy, essentially adualeconomyin which planned allocation and distribution are supplemented by market exchanges based on floating or free prices.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.So, unemployment cannot emerge in thisdualeconomy, since the secondary sector is competitive.
From theCambridge English Corpus
Indeed, were these not farming communities practising a rather specialdualeconomy?
From theCambridge English Corpus
In addition, the optimal pollution tax rate for thisdualeconomywill be determined and explained.
From theCambridge English Corpus
They were sophisticated about the economic incidence of taxation in theirdualeconomy.
From theCambridge English Corpus
Others have suggested, in the case of pre-capitalist societies, that adualeconomyis not necessarily transitional.
From theCambridge English Corpus
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
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