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Showing posts with the label Economy

Trinidad and Tobago Economy

  Trinidad and Tobago’s economic freedom score is 58.3, making it's economy the 109th freest in the 2020 Index. Its overall score has increased by 1.3 points due to higher scores for property rights and government integrity. Trinidad and Tobago are ranked 21st among 32 countries in the Americas region, and its overall score is below the regional and world averages. The economy of Trinidad and Tobago fell from the ranks of the moderately free in 2018 and remains in the mostly unfree category in 2020. Economic growth has been correspondingly slow. Two events in 2019 highlight the impediments to greater economic freedom in Trinidad and Tobago. The minister for public administration was dismissed in mid-August following her arrest on corruption charges. That was a blow to an already weak reputation for government integrity. In addition, a mid-year budget review for the fiscal year 2018–2019 projected a wider fiscal deficit, which will likely further erode the country’s already poor fis...

Chile Economy

 Chile"s economy is not very wealthy but not poor either.. They are not suffering from it but they dont have alot of power either. They are just right.

Argentina Economy

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Argentina has a heavey population and some people live in Buenos Aries and it's suburbs and there regions of the country and the climate and terrain are sparsley populated and this was before COVID-19 went all over the world and people got sick https://www.worldbookonline.com/advanced/article?id=ar029320&st=argentina#tab=media After COVID-19 went around the world and people started to wear face masks but people were getting sick in Argentina and people could not live to see this damage in Argentina and people keep getting sick and they have to stay home and not going outside so you don't get sick and they need to close all buildings  https://go.gale.com/ps/paginate.do?tabID=Images&searchResultsType=SingleTab&searchId=R3&searchType=BasicSearchForm&currentPosition=1&userGroupName=tel_s_tsla&inPS=true&prodId=STOM&audit=y

Israel Economy

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  Economic Background  Israel started off as a very poor country. It has very little agricultural and industrial production. The economy though has grown drastically since 1948. They live well although they have very few natural resources and a limited water supply. Israel depends on the U.S for economic well being. Most businesses are privately owned but a large amount are owned by the government. A influential organization of labor known as the General federation of labor owns a large number of businesses, farms and industries. Most of the people work in the service industries are employed by the government or by a government owned business. most of Israels income comes from tourism, for example restaurants and hotels. Coronavirus impact on economy  Israel started tracking peoples cell phones and letting them know that they had come in contact with a virus carrier and ordering them a quarantine with this they reached a very large rate of unemployment. They closed most b...

South Korea Economy

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  Economic Background    Before the Korean War in 1950-1953 South Korean economy heavily depended on agriculture but after the war industrial production like manufacturing grew rapidly. Communication, government, trade, and transportation became important making South Korea one of the largest economies. About 2/3 of south Korea's employments comes from service industries and industrial activities count for about 1/4 of south Korea employment. Most of the South Korean industry is privately owned. Coronavirus Impact on Economy  When it comes to covid-19 and how it affected South Korea there is little to no information. Compared to other countries South Korea handled the virus quite well. The residents who live there have the app installed into their phone so the government knows if their quarantining right, if they fail to do so they are given a fine which is quite a lot. Relating to the economy pretty sure some people's jobs were put on hold or slowed down. "Choi...

Japan Economy

Economic Background    The GDP is the total value of all goods and services produced within a country yearly. Japan is one of the world's leading countries in the value of its exports and imports. On average, Japanese families enjoy one of the highest income levels in the world, and their assets and savings are among the world's largest. key elements of Japan's economy are manufacturing and trade. The country has few natural resources, so it must buy such necessities as  bauxite  (aluminum ore), coal, copper, iron, and petroleum. To pay for those imports, the government has adopted a strategy of exporting manufactured goods of high value.  Coronavirus Impact on Economy  COVID-19 has adversely affected Japans economy and particularly small businesses, but they want  assistance to small business owners in a timely manner. Citations Allinson, Gary D. "Japan."  World Book Student , World Book, 2020, www.worldbookonline.com/student/article?id=ar285600....

Jamaica Economy

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 Economy   Outdoor market in Jamaica Roasting coffee beans  Jamaica is a developing country. The country has a high rate of unemployment and underemployment. Foreign aid and  remittances  (money sent home) from Jamaicans working abroad are helpful sources of national income. Tourism also provides much income for the nation. The leading tourist centers in Jamaica include Kingston, Montego Bay, Negril, and Ocho Rios. About a sixth of Jamaica’s people work in agriculture. Sugar cane is the most important crop. Other crop products include bananas, citrus fruits, coconuts, coffee, and yams. Farmers raise beef cattle, chickens, goats, and hogs. But the nation’s farms do not produce enough food for all the people, and so Jamaica must import much of its food. Mining provides much of Jamaica’s income. Jamaica is one of the world’s largest producers of bauxite. Plants near some of the bauxite mines remove a mineral compound called  alumina  from the bauxite ore....

China Economy

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  Economic Background Most jobs in China are service industries. Service industries create about half of China's GPD. The service jobs include banking, finance, communication, education, health care, insurance, recreation, trade, and transportation. Agriculture is the top service job in China with about a quarter of it's nations workers. The national government has the most control over China's economy.   Manufacturing and mining make up most of China's GPD meaning they are the leading financial center/parts of the country.  Coronavirus Impact on economy China is encouraging online hiring for people that have lost their jobs due to COVID-19. China is also saying they will maintain a stable economy by helping small companies and make sure everyone has a stabilized job to rely on. They said about 8.74 million people were looking to find jobs due to the impact of the coronavirus. Citations Edmonds, Richard Louis. "China."  World Book Student , World Book, 2020, w...

Economy of Dubai And the COVID-19 impact

 People of Dubai make their money not from oil like the other cities around it like Abu Dubai but they make their money from a port that makes money off of property development and luxury tourism building very impressive hotels like the Burj al-Arab. This port is historically known for bringing wealth into Dubai. Since the main income of Dubai is the Tourism it takes a big impact because of the scare of COVID-19 and the way the virus is impacting the country so far Dubai,s economy wont be back to numbers of 2019 which was one of their best years economy wise till 2023 and that is going to have a big impact on the government and the citizens of Dubai . news.bbc.co.uk/2/hi/middle_east/8382275.stm#:~:text=Dubai%20does%20not%20have%20the,as%20the%20Burj%20al-Arab.,

Nigeria Economy

  Economic Background Nigeria ranks as one of the world's leading producers and exporters of petroleum. Foreign oil companies operate most of the petroleum wells, but they pay the Nigerian government much of their profits. In addition to petroleum, Nigeria produces coal, columbite, gold, iron ore, lead, limestone, natural gas, tin, and zinc. Other tops industries are  Manufacturing,  Agriculture,  Natural resources,  International Trade,  Transportation, and communication. Economy Impact on Coronavirus The Nigerian government essentially must lead economic diversification drive. It is one practicable way to saddle through the current economic uncertainties and instabilities. What the consequences of the COVID-19 pandemic should further offer the Nigerian economic managers and policymakers, is that the one-tracked, monolithic reliance on oil is failing. Diversification priorities to alternative sectors such as agriculture, solid minerals, manufacturing, and ...

India Economy

One-half of India’s GDP, and about one-third of its employment. L inks between India and the rest of the world have led to a dramatic expansion of the country’s service industries.   The economic impacts of the 2020 coronavirus pandemic in india has been largely disruptive. India growth in the fourth quarter of the fiscal year went down to 3.1%. The Indian economy was expected to lose over  ₹ 32,000   crore  (US$4.5 billions) every day during th first 21 days of complete lockdown  

belize economy

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  British settlers arrived in Belize in the mid-1600's to harvest  logwood,  a kind of tropical tree. By the early 1700's, the British were bringing Africans to Belize to work as slaves.  -the world book advanced the places they go for work are very dangerous some people said they have to climb big heels and sometimes the places they go have very dangerous animals like crocodiles. also over there they have to stick together because they basically work as slaves did. some people say when they work most of the time it is very hot to the point were they could pass out at any moment. but there is stuff you can do over there if you visit. you can sail boat, scuba dive etc. they also have there own days/ holidays to keep them selves busy.  

Brazil Economy

  Economic Background Brazil has farm, forest but they are not the most gross.   But today, factories and service industries contribute the most to Brazil's  gross domestic product  (GDP).GDP has lager total  value of goods and  services produced with in lots of years in country. Coronavirus Impact on Economy THIS  CORONAVIRUS  affects everyone, but not equally. The young often shrug off the virus; the old often die of it.Lots of people  became poor because of covid-19. Using a broader measure, including those who lack basic shelter or clean water and children who go hungry. Citations Hanley, Anne G. "Brazil."  World Book Student , World Book, 2020, www.worldbookonline.com/student/article?id=ar074760. Accessed 4 Nov. 2020. "Failing the poor; Covid-19 and poverty."  The Economist , 26 Sept. 2020, p. 16(US).  Gale OneFile: High School Edition ,  https://link.gale.com/apps/doc/A636363512/STOM?u=tel_s_tsla&sid=ST...

France Economy

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  France's  diversified  economy  is led by tourism, manufacturing, and pharmaceuticals. The government has partially or fully privatized many large companies but maintains a strong presence in such sectors as power, public transport, and defense. o ne of the major industries in France is the en ergy sector. France’s leading electricity company (EDF), is the largest utility company in the world. The energy company, which is listed on the French Stock Exchange, has the state as the majority shareholder.  Manufacturing is among the largest industries in France, accounting for billions of dollars in the country’s GDP technoology is another way of making money  France is ranked among the most technologically advanced countries in the world, and the country has an ideal environment for technological research and innovation. This environment has led to the growth of some of the largest technology companies in the world. For example, Publicis, a France-based compa...

Cuba Economy

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  Country Economy  In the 1700's and early 1800's, sugar cane became Cuba's number 1 leading crop. People who grew sugar canes raised their crops on large plantations. These plantations depended on lots of human labor . Growers brought thousands of Africans to Cuba to make them slaves. T he government of Cuba is highly centralized. Provides many benefits for the people who live in Cuba, including free medical care and free education for many. However, political and economic freedom is limited. Citation:  Kapcia, A 2020, 'Cuba' ,  World Book Student , World Book, Chicago, viewed 4 November 2020, https://www.worldbookonline.com/student-new/#/search/cuba%20economy/type/ar?searchType=basicsearch Coronavirus Impact on Economy Cuba was able to control the coronavirus, but there was still many deaths. The pandemic's start made it difficult for the economy and damaged mismanagement and U.S. sanctions.   Cuba, has a police state with a strong public health care system fo...

Australia economy

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the people in australia get money from farming and mining but is indebted to other countries for money it was good until 1900 now there is service industries. Carter, D. (2020). Australia. In  World Book Student . Retrieved from https://www.worldbookonline.com/student/article?id=ar038420  that they closed all banks and etc. and all cruise ships  and closed some for who ever wandered out to the sea without permission because nobody was given so. https://go.gale.com/ps/headerQuickSearch.do?inputFieldNames%5B0%5D=OQE&quickSearchTerm=australia+coronavirus+impact+economy&searchType=BasicSearchForm&userGroupName=tel_s_tsla&nwf=y&prodId=STOM&stw.option=&ebook=&quicksearchIndex=OQE&spellCheck=true&hasCoProduct=false&collectionId=&seriesId=&contentModuleId=&edition=&prevQuickSearchIndex=OQE&prevQuickSearchTerm=australia+coronavirus

Canada Economy

  Economic Background Most jobs in Canada are service based jobs. The largest portion of the country's GDP is through service jobs in metropolitan areas. Service jobs include education and health care, data processing and legal services, and the operation of recreational facilities. Finance and real estate are also top service jobs. Montreal and Toronto are the leading financial centers in the country. Other top industries in Canada include manufacturing, mining, agriculture, forestry, fishing, energy sources, and international trade. Coronavirus Impact on economy More than 1 million Canadians lost their jobs in March. Most job losses were in the private sector. The largest job losses were in the food and hotel industries. manufacturing lost over 47,000 jobs and the service industry lost over 900,000. Citations Martin, Paul W. "Canada."  World Book Student , World Book, 2020, www.worldbookonline.com/student/article?id=ar090380. Accessed 4 Nov. 2020. "Canadian jobless...

November 4th Assignment

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    Day Three Assignment - economy of your country What is the economy of your country and how has it been impacted by Covid-19? Directions: Open blogger.com and start a new post Title your Blog [country name] and Economy ex: Canada Economy On the right side under labels, it says "separate labels by commas". In this box, write the name of your country (double check the spelling). Part 1: Country Economy Describe the economy of the country and how people work and make money. → Use https://tntel.info/Students/High-School . → Select World Book Student. → Select Use this resource. Search your country and choose the first option. Identify how people in the country make money Include any charts, graphs, or pictures relevant to the country Cite the the websites used Part 2: Coronavirus Impact on Economy Summarize ways that coronavirus or covid-19 have impacted people’s ability to work. → Use https://tntel.info/Students/High-School . → Select High School Edition: Gale OneFile. →...