Somalia has a free market economy and has a meager of natrul resoures. Somalia economy is pastoral and argricultrul, with livestock-principally camels,cattle,sheeps, and goats representing the main form of wealth.Somalia livestockhas accountedfor about 40%of GDP and about 65%of export of earning.In 1960 Somalia grew 37% dropped 6% in 1970 it recovered 37% in 1980.Economic progress in Somalia is decidedly mixed. As of January 2007, Somalia is still a fragile state with hundreds of thousands of refugees due to massive floods and the latest fighting of the civil war.To learn more about Somalia click here.
2 comments:
THIS IS A WONDERFUL BLOG ABOUT sOMALIA KEEP ON WRITTING BLOG AND KEEP UP THE GOOD WORK!!!!!!!!!!!!!!!!!!
This is a great idea for a post. You guys are really being intentional about addressing many of the new topics assigned to you. However, your grammar, lack of clarity, and limited information leaves the reader without a good understanding of the situation. Check your spelling and enlarge the graph because the reader cannot see it. You have used a lot of social studies terms like "free market economy" and "GDP". Make sure you know what those mean and explain them in both your post and presentation. Lastly, how do these facts relate the the real-life living situation of Somalians everyday? Do the citizens participate actively in helping the economy through employment, tax revenue, and large business? Do they depend on foreign aid and investment?
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