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During the last 30 years, Morocco has embarked on a gradual but solid program of human development and political liberalization. Since the 1970s, gross national income per person more than quadrupled from $550 to $2,770. The average life expectancy has increased from 55 years in 1970 to 72.5 in 2007.
Morocco is a fairly stable economy with continuous growth over the past half-century. Current GDP per capita grew 47% in the 1960s, reaching a peak growth of 274% in the 1970s. However, this proved unsustainable and growth scaled back sharply to just 8.2% in the 1980s and 8.9% in the 1990s.
Half a century later, the Moroccan state was established by the Idrisid dynasty. [6][1]The Saadi dynastyruled the country from 1549 to 1659, followed by the Alawisfrom 1667 onwards, who have since been the ruling dynasty of Morocco. [7][8][9] Prehistoric Morocco. [edit] See also: List of prehistoric sites in Morocco.
Morocco. United States. Relations between the Kingdom of Morocco and the United States of America date back to the American Revolutionary War (1775–1783) and specifically since 1777 when the sultan Mohammed ben Abdallah became the first monarch to help the United States. Morocco remains one of America's oldest and closest allies in North ...
Relations between Morocco and the United States date back to the 18th century. On December 20, 1777, the Kingdom of Morocco became the first country in the world to recognize the independence of the United States of America, only a year and a half after the U.S. Declaration of Independence was issued.
Tourism is one of the most important sectors in Moroccan economy. It is well developed with a strong tourist industry focused on the country's coast, culture, and history. Morocco attracted more than 13 million tourists in 2019. Tourism is the second largest foreign exchange earner in Morocco after the phosphate industry.
Moroccan exports to the US netted $521.2 million while American exports to Morocco reached $875.5 million, up 67% from 2005. According to the FTA agreement, Morocco can export to the US a duty-free quota of 15 million square meters of finished goods and 500 tonnes of thread and materials made from fibres and cotton from less developed Sub ...
Casablanca is a port city on the Atlantic coast of western Morocco. Casablanca is Morocco's biggest city, principal port, and economic capital. The town of Casablanca was founded in 1515. It was an important strategic port during World War II and hosted the Anglo-American Summit in 1943. The city is served by Mohammed V International Airport.