dual economy

noun

the existence of two separate economic sectors within one country, divided by different levels of development, technology, and different patterns of demand.

Meanings

noundual economy (countable and uncountable, plural dual economies)

plural dual economies

  1. countableuncountablethe existence of two separate economic sectors within one country, divided by different levels of development, technology, and different patterns of demand.
Cite this entry
APA

dual economy. (n.d.). In WatkinsX Dictionary. Retrieved November 5, 2026, from https://dictionary.watkinsx.com/word/dual%20economy

MLA

“dual economy.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/dual%20economy. Accessed November 5, 2026.

Chicago

WatkinsX Dictionary, s.v. “dual economy,” accessed November 5, 2026, https://dictionary.watkinsx.com/word/dual%20economy.

Source: dual economy on Wiktionary, CC BY-SA 4.0.