Israels Economy
Israel’s economy stands on natural resources.
Copper and salt can be found
there. Also, natural chemicals like potash and
phosphates come from the Dead Sea
area. Israel is one of the top producers
rubber, plastics and chemicals. Also,
clay and sand come naturally to Israel.
Scientists have proven that Israel can
grow fruits and vegetables in its hot
and dry deserts. That gives them a bigger
amount of plants to sell and help
their economy. Citrus fruits and vegetables
help a great deal to Israel’s
economy no matter where they’re grown.
Israel’s economy needs a little
help but their natural resources do quite a
bit for them. Israel depends on
trading with other countries and manufacturing
goods in order to have the
things they need. Israel’s main trading partners
are England, America,
Germany, Italy and France. In fact, one third of the
country’s exports go to
The US. Clothing and other household goods are
manufactured in Israel but are
mostly not traded because the country is unable
to make enough of an
abundance. The clothing industry employs over 46,000
workers in Israel.
Israel is also the top exporter of cut and polished diamonds.
Products
for the military have to be manufactured because of their political
state.
The only vehicles manufactured in Israel go to their armed forces,
forcing
them to import all of their cars. Israel produces electronics like
laser
equipment, image processing devices and fiber optic materials. Israel
trades
great amounts and manufactures great amounts. All of this gives them a
better
economy. Israel has huge amounts of tourism. More than 2,000,000
tourists visit
the country every year. Tourism is one of Israel’s most
profitable industries.
People travel to Israel because of their religion,
to visit family or for just
sight seeing. In 1986, 929631 tourists traveled
to the country by air. All of
those tourists earned Israeli airlines a total
of over 210 million dollars all
in one year. Recently, tourism has declined
but still, 20 percent of Israel’s
visitors each year come from the United
States. The number of tourists helps the
economy because there are many
sights.