~12 min read
The economy of Mongolia has historically been based on herding and agriculture, but mining has become the dominant sector of the economy. Mongolia possesses major deposits of copper, coal, gold, molybdenum, and other minerals, which account for much of the country’s industrial output and exports.
Following the collapse of the Soviet Union in 1990–91 and the end of Soviet aid, Mongolia entered a severe recession. Economic growth resumed in the late 1990s despite setbacks from natural disasters and the 1997 Asian financial crisis. Mongolia joined the World Trade Organization in 1997.
via Wikipedia infobox
via Wikidata · CC0
via Wikidata sitelinks · CC0
Discovered by embedding cosine similarity (sentence-transformers MiniLM, 384-dim).