Answer to Question #244702 in Economics for Maxx

Question

Assessment 2.4

Cite two reasons why the commercial genre in Thailand has blossomed. Give a brief explanation for each. 

Answer 1

Thailand's economy is a mixture of a strong agricultural sector with a developed manufacturing sector and a stable service sector. Although the agricultural sector has given way to others, it still employs a significant portion of the workforce and continues to support exports, which are the engine of the country's economy.