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Explain the importance of tourism to the economy of Jamaica
Explain the importance of tourism to the economy of Jamaica
Explain the importance of tourism to the economy of Jamaica
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The economy of the Bahamas is heavily reliant on tourism. Tourism is important because it employs 60% of the work force and represents 70% of the economy. The main attractions of the Bahamas is the white sandy beaches and close proximity to the United States. The temperature is warm all year, making it a popular destination all year round especially for people who don’t like the snow and cold. Tourism also helps bring new ideas and cultures to the area. Tourism helps in many ways both financially and culturally.
Banking is also important to the people of the Bahamas. The Bahamas are home to some of the world’s wealthiest people and businesses do to their generous tax laws. They have no tax on income, inheritance, or profits. The capital Nassau has one of the highest concentrations of foreign banks in the world on its bay street giving it the name “Little Switzerland.” Local banks employ more than 25% of the work force making it their second largest economic sector. Banking provides the islands with much needed money and jobs.
Manufacturing is relatively small compared to other industries, but still important. Manufacturing is only employing about 10% of the work force but is growing slowly. Oil refining from the Gulf of Mexico and aragonite mining (one of two natural forms of calcium carbonate) are their two biggest industries. Pharmaceuticals, plant extracts, and chemicals are also big industries on the island of Freeport. Great Iguana Island also has solar evaporation sea salt plants. Rum is also a product of so of the smaller islands but not exported to the United States. Manufacturing is a small but important to the islands especially the small ones.
Agriculture and trade are the smallest economic activities for the i...
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... Bahamas made much of the illegal alcohol for the United States, but after prohibition the population of the Bahamas began to fall off. The Bahamas became fully independent on July 10, 1973 after leaving Great Britain. The Bahamas have had many people there and a big history.
The Bahamas are country of mild geography, rich history, friendly people, dramatic history, and prosperous society. You now know all you need to know on the Bahamas to pass a test and do well on it.
Works Cited
Barlas,Marshall. Cultures of the World. New York. 2005
Bahamas. World Book Encyclopedia 1984 edition.
“Nassau; a World Culture.” Bahamas.com December 17, 2013
Porter,Darwin. Frommers Portable Bahamas Hudson New Jersey. 2011
“Bahaman History.” Infoplease.com December 14, 2013.
Central Idea: The three fascinating things about the Bahamas are the festivals, Pirate Beach, and it`s music instruments.
"Jamaica Unemployment Rate - Economy." Index Mundi - Country Facts. Index Mundi, Mar. 2011. Web. 19 Sept. 2011. .
The economies of Cuba and Puerto Rico are very similar during the 16th, 17th, and 18th centuries. As Spain colonized these two islands in the 16th century under the idea that gold was abundant. Thus in turn the islands became a safe port for Spain and her vessels. It also set out to be a huge migration from the Spain to the islands, because everyone was set to search for gold. . This turned out to be short lived as the mining of gold peaked in 1517 till 1819. By Spain using Cuba and Puerto Rico for mining gold they needed slave laborers as the local Indians. The Indians soon became unsatisfied with their new conditions of living, they became hostile and many not able to cope with being slaves committed suicide and genocide. By 1540 – 1550 silver was discovered in Mexico and Peru. As Spain found its’ new source of income in Mexico and Peru, it left Cuba and Puerto Rico to literally fend for themselves. By the 1590’s their economy began to prosper by cattle breeding and farming as this lead to new jobs on the islands. This new slow and uneven growth led supplies to be more expensive.
Smith was a rather extraordinary man. Born in Kircaldy, County Fife, Scotland in 1723, Smith is characterized by Robert Heilbroner as being an “apt student” (1999). Heilbroner then goes on to recount a story about Smith being kidnapped by gypsies when he was 4. At the age of seventeen, Smith left to study at Oxford. Heilbroner is quick to point out that Oxford at that time was hardly the venerable bastion of learning that it is today and that Smith spent his time there “largely untutored and untaught, reading as he saw fit” (1999). Smith describes Oxford as a “sanctuary in which exploded systems and obsolete prejudices find shelter and protection, after they have been hunted out of every other corner of the world” (Herman, 2001). In 1751, Smith became the Chair of Logic at the University of Glasgow, later he would become the Chair of Moral Philosophy at the same institution.
In 1759 Adam Smith, then a thirty-six year old Professor of Moral Philosophy at Glasgow University, published his Theory of Moral Sentiments. This work attracted the attention of the guardians of the immensely wealthy Duke of Buccleuch towards retaining its author as a tutor to the youthful Duke whilst on a protracted, and hopefully educational, "Grand Tour" of continental Europe.
The United States of America, much to people’s surprise, is still an active imperial power to this day. Aside from the more recent excursions to the Middle East, the U.S. has been actively generating income from the various resources found in the Caribbean Island regions since the late Nineteenth Century. Whether its through the growing of cash crops, the target of illegal arms trafficking, or used as a tropical playground for the wealthy, The Caribbean Islands will continue to be subjected to the powerful influence of the United States economy.
Jamaica is an extremely exotic and tropical island when it comes to all of its different features. It has so many different landforms such as the Blue Mountains or the St. Elizabeth River. The plant and animal life is just amazing with all the tropical birds or even the beautiful flowers. Jamaica’s human life is just as tremendous. The families in this country trust each other and they are the most important things in each other’s lives. Jamaica seems like an amazing place to live and visit as a tourist.
One reason i would go to the Bahamas is to try their food. I think that the bahamians have very different foods that you would look at and be like “ew” but when you try it you’d say “mmhh”. That’s only one reason i would go to the bahamas. I think that if i went to the bahamas and tried their food instead of being really picky i would like some of it but nevertheless i am a
Entering into a country without authorization is a criminal offense and should be treated as such. Today many countries, like the Bahamas, suffer from citizens of another country breaching border control and entering the country illegally. For many years the Bahamas fought the struggle of protecting its borders from immigrants trying to gain access the land. One of the largest influxes of immigrants to the Bahamas is those of Haitian descent. Due to the constant unrest in Haiti many of the country’s people flee in search for a better way of life. The Bahamas may not always be the allocated destination but because of its geographical location many of the voyages end on one of the islands of The Bahamas. Once access to the Bahamas is successful the Haitian immigrants take up residency creating isolated communities, contributing to overpopulation, donating to the strain placed on the healthcare and educational systems of the country. When caught, the illegal immigrants should be repatriated and not given the opportunity to citizenship as they had committed an illegal activity.
“It’s Better In The Bahamas”. This slogan advertises throughout the world to attract tourist. Is it really better in the Bahamas? Many articles on television and in the news paper address the issues in the Bahamian society. While many pay no attention to this dilemma, many Bahamians live in constants fear. Miss Bijoux a single parent lost her job two months ago. One night she lay down on her bed thinking of all the possibilities of obtaining a job. Deep in thought how is she going to care for her children, and how is she going to help her twelve year old pregnant daughter? Lost to the world her phone rings, hello she said the caller answer hi, is this Bijoux residence? I am calling from PMH (Princess Margaret Hospital). Mrs. Bijoux drop the phone and runs to her children’s rooms. When she reaches to her son’s room he was not there, she kneel down on the floor and recites a prayer “Lord please let my son be okay”. Immediately, she calls her family to pick her up and drive her to the Hospital. When she arrives at the hospital she saw her lifeless son on the ventilator in pulmonary distress with blood stains over his clothes. Without shedding a tear, she waited patiently for good news. Unfortunately, her son expires three hours later. Mrs. Bijoux is a victim of a drive by shooting in Nassau Village. While the Bahamas is battling against the economic crisis, the three major issues in the Bahamian society are crimes, unemployment and sexual abuse.
The Hospitality and Tourism sector is characterized as the fastest growing sector in Jamaica. Many tourists from all over the world travel each year because of the country’s beaches, culture, climate and landscape. Despite the contribution of other sectors the Hospitality and Tourism is still the giant industry that contributes largely to Jamaica market share. In this paper, we will call the Hotel that I am employed ‘Hotel A’ for privacy reasons. Hotel A was formed in 1981and has developed to be one of the largest all-inclusive resorts in the country, tackling all factors that impact on its overall success. Some of these factors are political, economic, social, technological environmental and legal factors called the PESTEL framework. “A
Over the last five hundred years the Cayman Islands have had a rich and diverse history. They grew from being very isolated islands inhabited mostly by crocodiles and turtles to being one of the worlds premier tourist and financial centers. Being so small and isolated has given the Caymanians a strong sense of history and culture that is distinct, even from their Caribbean neighbors. They enjoyed a relative sense of insulation from many of the problems that plagued the rest of the region.
Barbados previously dabbled in the mass-tourism industry, but currently primarily offers a more up-market and luxury product. The success of tourism was traditionally measured in percentage annual increase of arrivals, however this type of measurement ignores important variables such as length of stay or visitor expenditure and seasonal variations. This fa...
According to the ‘World Tourism Organization’ (UNWTO), the tourism industry is one of the fastest growing sectors in the world, as it is estimated that by the year 2020, 7.8 billion people (roughly a quarter of the world’s population) will embark on a foreign trip (Bennett & Gebhardt 15). The Caribbean is said to be the most economically dependent on this industry, as the ‘Caribbean Tourism Organisation’ states that the industry forms the “economic backbone of most countries in the Region”(“Caribbean Tourism Industry” 1). The implications for tourism’s affect on the region have arisen and have prompted further research into this matter. Since the 1970’s, research regarding tourism in the Caribbean has attempted to determine the social, cultural, environmental, and economic impacts of tourism. Much of the research has found that there are in fact many negative adverse effects, and Jackson’s article asserts that, “Governments often commit money and other resources to support the growth and development of tourism and often turn a blind eye to its negative impacts” (574).
Tourism is an important and intricate element to society. It affects economical, social, cultural and environmental elements. Tourism can be argued to have a negative impact on the environment and decrease our already depleting resources, but tourism can also be argued to be a major contributor to strengthening economies, spread cultural traditions and improve people’s lives. Tourism