Israel
At independence, was a poor country with little agricultural or industrial production. But 's economy has grown tremendously since 1948. The nation now enjoy's a relatively high standard of living, despite having few natural resources and a limited water supply. Service industries plays a big part in thier economy. It accounts for 67% of 's net domestic product(Robert E. Clark, The World Book Encyclopedia). It employs about 65% of all it's workers. Tourism is a major service industry in . Many of 's service industry workers are employed by the government. Manufactoring accounts for about 23% of 's net domestic profit and employs about 22% of it's work force(Bernard Reich, the World ...
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Agriculture exports provide income to pay for any necessary food import! s. Mining is not very important in . The Dead Sea, the world's saltiest body of water, is 's leading mineral source. Compounds drawn from the sea yield bromine, magnesium, potash, and table salt. Phosphates, copper, clay, and gypsum are mined in the Negev Desert. Energy resources is a resource not much used due to poor energy resources. There are no coal deposits or hydroelectric power resources and only small amounts of crude oil and natural gas. They depend primarily on imported crude oil and coal to meet it's energy needs. Trade is very important because it has few natural resources. The import aircraft, chemical products, rough diamonds, and machinery. There main exports are fruits, fertilizer, processed foods, textiles, and clothing. Three main trading partners are the United States, Great Britian, West Germany, Italy, France, Belgium and ...
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Israel. (2005, March 12). Retrieved November 22, 2024, from http://www.essayworld.com/essays/Israel/23577
"Israel." Essayworld.com. Essayworld.com, 12 Mar. 2005. Web. 22 Nov. 2024. <http://www.essayworld.com/essays/Israel/23577>
"Israel." Essayworld.com. March 12, 2005. Accessed November 22, 2024. http://www.essayworld.com/essays/Israel/23577.
"Israel." Essayworld.com. March 12, 2005. Accessed November 22, 2024. http://www.essayworld.com/essays/Israel/23577.
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