FREE ESSAY ON ISRAEL'S ECONOMY

ISRAEL'S 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.