Economics · Economic Phenomema
A situation where rapid development and prosperity of one economic sector (such as natural resources) leads to the decline or neglect of other sectors (like manufacturing) is referred to as:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1French disease phenomenon
- 2Spanish disease phenomenon
- 3Dutch disease phenomenon✓
- 4British disease phenomenon
Correct answer
Dutch disease phenomenon
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