What type of economy does ecuador have?
My Fiancee lived with a family in Ecuador in 2004 and he learned that their society is Democratic w/ a capital just like the United States. In addition, while he was there the economy had basically moved to a service oriented society, capitalizing on the tourist who visit, on food and pattern/design development within the market places. If you check on Infoplease.com you can pull up additional information. Under the encyclopedia look up Ecuador then economy and see where it mentions Ecuador’s economy status as moving toward a service-based society in the recent years, but a small portion of it’s workforce still works within the countries more rural field of agriculture (exporting agricultural items like bananas, coffee and rice). Also, Ecuador exports patrolium as a main source of income to its society.
