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The economy of the Bahamas is dependent upon tourism and offshore banking. The Bahamas is the richest country in the West Indies and is ranked 14th in North America for nominal GDP. [8] It is a stable, developing nation in the Lucayan Archipelago, with a population of 391,232 (2016). Steady growth in tourism receipts and a boom in construction ...
Only about 0.8% of the Bahamas' land area is arable, about 140 square km (54 square miles). [5] Most arable land is on New Providence, Abaco, Andros, and Grand Bahama islands; challenges for Bahamian agriculture include limited fresh water resources for irrigation, the difficulties of inter-island transport of goods in the archipelago, a lack of human capital, the country's small size (which ...
Economic history of the Bahamas (2 C) I. Industry in the Bahamas (3 C) Infrastructure in the Bahamas (1 C) S. Science and technology in the Bahamas (4 C)
Economy of the Bahamas. Economic rank, by nominal GDP (2007): 132nd (one hundred and thirty second) Agriculture in the Bahamas; Banking in the Bahamas. Banknotes of the Bank of Nassau (Bahamas) Central Bank of The Bahamas; National Bank of the Bahamas; Communications in the Bahamas. Internet in the Bahamas.bs Internet country code top-level ...
The Bahamas and the United States established diplomatic relations in 1973. [1] Historically, they have had close economic and commercial relations. The countries share ethnic and cultural ties, especially in education, and the Bahamas is home to approximately 30,000 American residents.
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An economic system, or economic order, [1] is a system of production, resource allocation and distribution of goods and services within a society. It includes the combination of the various institutions , agencies, entities, decision-making processes, and patterns of consumption that comprise the economic structure of a given community.