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Czech Republic is an Upper Middle Income economies comes under Europe and Central Asian region as to the classification made by the world bank on the basis of income and region for the year 2006.
Czech Republic is one among the industrialized economies in the region. The economy structure is some how stable and prosperous. Both services sector as well as industrial sector is equally important for the country's economic development.
Major agricultural products of the country are wheat, potatoes, barley, and maize. Important industries are crude steel, minerals, coal, armaments, and sugar. The country has a larger deposit of minerals such as coal and uranium.
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