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Botswana - College Essays

Botswana

During the past twenty years has come from being one of the poorest countries to being considered one of the richest non-oil producing countries. This growth happens when a majority of the continent was struggling with African socialism. Within South Africa was encircled by countries at war. During this time the Rhodesian war had entered into the boarders of . After the agreement of 1979 the civil war increased in .
There were two devastating droughts during the 1970s and 1980s that caused economic hardship. Some of these losses included loss of livestock, and the demand for food aid programs in the rural areas. But throughout all of these hardships had remained in control, do to ...

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one of the world’s highest foreign exchange reserves in terms of per capital income. The main cause of economic growth is due to diamonds, minerals, and beef exports. The most important source of income in is from diamonds.
In 1967 the discovery of diamonds changed the whole economic development in . Jwaneng is a diamond mine in the south and Kalahari, Orapa, and Letlhakane are mines in the central. These four diamond mines combined revenues have accounted for 77 percent of the total exports and 45 percent of total GDP. The government owns these mines. is by far the world’s largest diamond exporter earning over 1,41 billion dollars.
economy is expected to be the fastest growing in the world. The growth rate in the past four years was seven percent. “The January issue of the Economist magazine says Mozambique has been the fastest growing economy and that it is amazing that the five fastest growing economies in the world will all be from African continent. The magazine ...

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Botswana. (2007, January 17). Retrieved December 23, 2024, from http://www.essayworld.com/essays/Botswana/58833

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PAPER DETAILS

Added: 1/17/2007 04:01:36 AM
Category: Geography
Type: Premium Paper
Words: 796
Pages: 3

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