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May 14, 2025
Countries With The Least Food Imports Relative To All Merchandise Imports
　　Argentina One of the world’s biggest food producing and exporting countries is Argentina. In 2014, the country had a total fruit and vegetable import rate of $619 million. One-third of these imports are bananas, and another 13% is coffee. About 75% of the bananas come from Ecuador, and 74% of...
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Countries With The Least Food Imports Relative To All Merchandise Imports
May 14, 2025
The Economy Of North Korea
　　 The economy of North Korea is centrally planned, although there have been some small changes as from 2015. There have been reports that North Korea has had huge economic reforms, especially after Kim Jong-un took leadership in 2012. With the collapse of the Soviet Union between 1989 and 1991,...
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The Economy Of North Korea
May 14, 2025
Countries With The Best External Debt (Relative to GNI)
　　External Debt is the loan a country has taken from foreign governments, international financial institutions, and foreign commercial banks. The repayment comes from the earnings made through the export of goods to the creditor country in the same currency loaned. Payments are made by interest payments as cost of borrowing...
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Countries With The Best External Debt (Relative to GNI)
May 14, 2025
The Economy Of Cuba
　　The Cuban economy is a planned economy that is dominated by state-run enterprises and state-employed labor force. Most of Cuba's industries are either owned or run by the government, and most of its labor force is employed by the state. Due to the fall of the Soviet Union, the communist...
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The Economy Of Cuba
May 14, 2025
What Is A Biobased Economy?
　　What is a biobased economy? A biobased economy is also known as biotechonomy or bioeconomy. It refers to economic activities developed from research and scientific work that mainly focuses on biotechnology. Therefore, bioeconomy is the understanding of processes and methods at molecular and genetic levels before applying the acquired knowledge...
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What Is A Biobased Economy?
May 14, 2025
The Economy Of France
　　France has the world's sixth largest economy by nominal figures and the third largest economy in Europe. The country has a mixed economic system, characterized by both private and public sectors. The service sector contributes over 70% of the nation's GDP and includes public transportation, tourism, defense, energy, and telecommunication....
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The Economy Of France
May 14, 2025
Countries With The Most Food Exports Relative To Total Merchandise Exports
　　Exports play a significant role in the development of economies around the world. Exports add to a country’s gross output and can also be used to exchange for goods and services that are in demand in the country. Exports are also important for a country’s trade balance in the international...
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Countries With The Most Food Exports Relative To Total Merchandise Exports
May 14, 2025
Countries With The Most Personal Money Transfers Received
　　China China, the most heavily populated country in the world, is also the biggest receiver of personal remittances. In 2015, residents received $44,445,297,190 in transfers from nonresident households and individuals. The majority of Chinese migrants, 64%, have gone to other Asian countries which are reflected in the origin of remittances....
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Countries With The Most Personal Money Transfers Received
May 14, 2025
What Is Mercantilism?
　　What is Mercantilism? Mercantilism is a theory of economy that was commonly practiced in Western Europe between the 1500’s and 1700’s. It was based on the idea that the world has a finite amount of wealth. Under mercantilism, governments regulated the national economy in an attempt to acquire as much...
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What Is Mercantilism?
May 14, 2025
The Economy Of Sweden
　　Sweden has a developed export-oriented economy heavily dependent on timber, hydropower, and iron ore. These comprise the resources base of an economy that mainly geared toward foreign trade. Sweden never had to rebuild its economy base or banking system since it did not participate in World War II making it...
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The Economy Of Sweden
May 14, 2025
Where Are Blueberries Grown?
　　Fresh blueberries are plump, juicy, sweet, and known for a myriad of health benefits. Thanks to widespread cultivation over greater ranges and advances in agricultural science, today they are widely available basically year-round as well. Although “high bush” blueberry plants are native to North America, many would be surprised at...
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Where Are Blueberries Grown?
May 14, 2025
Best Export And Income To External Debt Ratios by Country
　　Short term external debt over best exports and income indicates a country’s ability in repaying their external debts without problems. Simply put, a country with a trade surplus and high primary income fulfills its external obligations without difficulty. The current socioeconomic dynamics and trade market conditions of an economy also...
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Best Export And Income To External Debt Ratios by Country
May 14, 2025
World Leaders In Silk Production
　　Sericulture is the production of silk using domestic silkworms. Silkworm (Bombyx mori) larvae are used for silk production. The process begins with the thousands of silk moth eggs that are prepared by feeding them mulberry leaves. As the larvae molts, a stick is placed on it to weave silk on...
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World Leaders In Silk Production
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