1. Home
  2. |  
  3. Bank Recruitment |  

Banking Term: Dual Economy

Jun 8, 2015 15:43 IST

    Banking Term: Dual Economy

    • A dual economy is the existence of two separate economic sectors within one country, divided by different levels of development, technology, and different patterns of demand.
    • The economy of under developed countries is dualistic in nature i.e it falls into two conspicuously distinct but sharply contrasted division.
    • There is a modern sector, mostly sector, mostly in the urban areas where the social and economic organization is of an advanced nature and there is traditional sector comprising the backward indigenous social and production.

    Latest Videos

    Register to get FREE updates

      All Fields Mandatory
    • (Ex:9123456789)
    • Please Select Your Interest
    • Please specify

    • ajax-loader
    • A verifcation code has been sent to
      your mobile number

      Please enter the verification code below

    This website uses cookie or similar technologies, to enhance your browsing experience and provide personalised recommendations. By continuing to use our website, you agree to our Privacy Policy and Cookie Policy. OK

    Register to view Complete PDF