Andorra has approximately 65, 000 people. Tourism is the mainstay of Andorra's tiny, well-to-do economy and accounts for roughly 80 percent of the nation's GDP. An estimated 9 million tourists visit annually are attracted by Andorra's duty-free status and by its summer and winter resorts. Per capita GDP in the nation is $19,000. Andorra would be an example of a(n):

Question

Quizplus · Accepted Answer

Andorra is an example of a postindustrial nation because its economy is primarily based on services, such as tourism, rather than on industrial or agricultural production. The significant contribution of tourism to its GDP and the high per capita income are indicative of a service-oriented, postindustrial economy.

Andorra Has Approximately 65, 000 People