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The economy of Jamaica is heavily reliant on services, accounting for 71% of the country's GDP. [16] Jamaica has natural resources and a climate conducive to agriculture and tourism. The discovery of bauxite in the 1940s and the subsequent establishment of the bauxite-alumina industry shifted Jamaica's economy from sugar , and bananas .
The overall goal is to make Jamaica a significant player in the arena of information technology. [4] In 2009, Jamaica launched Vision 2030, a national development plan that aims to put Jamaica in a position to achieve developed country status by 2030. National Outcome 11 is a "Technology-Enabled Society", to create a more prosperous economy.
Ongoing — COVID-19 pandemic in Jamaica. 5 February – Drought, increases in local demand, and a drop in the number of farmers all contribute to a marijuana shortage. The COVID-19 pandemic and related curfew means that farmers have a difficult time in irrigating their fields.
Getty Images Most people are myopic when it comes to thinking about their work. They think about their job today and maybe the next one they want. But building a career requires a longer view ...
Rank Region (Parish) HDI (2022) High human development 1 Saint Ann, Saint Catherine: 0.721 2 Kingston Parish, Saint Andrew: 0.714 – Jamaica (average) 0.706: 3 Manchester, Clarendon
Cyclical, deficient-demand, or Keynesian unemployment occurs when there is not enough aggregate demand in the economy to provide jobs for everyone who wants to work. Demand for most goods and services falls, less production is needed and consequently, fewer workers are needed, wages are sticky and do not fall to meet the equilibrium level, and ...
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First to make images of the gravitational flow of gas between the stars in any interacting binary-star system, by Mercedes Richards. First to image the chromospheres and accretion disks in Algol binaries, by Mercedes Richards. First to make theoretical hydrodynamic simulations of the Algol binary stars, by Mercedes Richards.
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