Pa r t I : A n s w e r t h e q u e s t i o n s a b o u t t h e u s e o f r e s o u r c e s
and what types of goods are being produced in the country
you are resea rching. What will be produced with your country's resou rces? o Sugar & Mineral Products o Wo o d p r o d u c t s o Soft drink concentrates o Canned fruits o Ya r n a n d Te x t i l e P r o d u c t i o n o Wheat Milling How will these goods be produced? o Milling, Manufacture Plants, Drink Processing at Bromor Foods, sugar mills, wood pulp processing company, and textile companies. Who will use these goods? These goods will be produced for people
mainly outside of the country, but they will also be for those internally as well. The goods will be exported. Part 2 What is the country that you are researching: Swaziland
Type your answer below. Please
use full sentences
Write a brief summary of
the economic system of the country: Identify and explain the type of economic system.
Subsistence agriculture employs
approximately 70% of the population. Before 2010, the main producers were sugar and wood pulp for much of their history. Now, however, sugar is the main export earner. Wood pulp manufacturing closed down in 2010. This countrys economy is centered on agriculture, and the country itself is located in a generally rural environment. Traditions and customs are very strong in this country. All of these points have brought me to the conclusion that this is a traditional economy.
I used the Gapminder.org
webpage to get my information for this portion of the assignment. I compared Swaziland, South Africa and the US in all the categories I chose. The first economic indicator I used was the Agriculture, value added (% of GDP). South Africa: 5.42, Swaziland: 15.300, U.S.:2.04. From this we can see Select three key economic that in 1989 Agriculture was big indicators such as poverty for Swaziland. When compared rates, labor distribution, to 2010, South Africa was now at use of resources, etc. and 2.48, Swaziland at 7.97, and U.S. analyze what this at 1.18. All of these countries cut information says about the their % of GDP for Agriculture in country, how does it half in 21 years. The second compare to other indicator is the poverty countries, change over headcount ratio at a $2 a day time, etc. (PPP)(% of Population). South Africa and Swaziland were examined: South Africa is shown to be 31.33% in 2009. In 2010, Swaziland was at 60.4% poverty level. The last indicator is Inflation, GDP deflator (annual %). In 2011, the inflation rate was 8.00 in Swaziland and 5.32 in the US, while in 2000, it was 8.81 for Swaziland and 9.94 in the US. Identify the GDP - per capita for the country.