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15 January, 21:30

How do you think this effects economic activities in Paraguay?

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  1. 16 January, 00:20
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    Effects of economic activities in Paraguay:

    The economy of Paraguay is heavily dependent on their agriculture. With agriculture making up more than 30 percent of their GDP, it forms an important part of its economy. With it having a vast young workforce and a large supply of hydroelectric power, its economy is still going strong. It affects the economy of Paraguay, as it has led to a steady increase in all factors of its economy including the GDP, over the years, although it has led to a decrease in the Gini coefficient and reduced its rank in the Ease of Doing Business criteria.
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