The economy of Zambia by Hugo




The Zambian economy has historically been based on the copper-mining industry. It represent 75 % of is GDP. 
By 1998, however, output of copper had fallen to a low of 228,000 tonnes continuing a 30-year decline in output due to lack of investment, and until recently, low copper prices and uncertainty over privatization verb ? (mind when copy-pasting).

But it’s not the only economy source, because the agriculture represent 17 % of the GDP of Zambia. 
Agriculture accounted for 85% of total employment in 2000. 
Maize is the principal cash crop as well as the staple food. 
Other important crops include soybean, cotton, sugar, sunflower seeds, tobacco and various vegetable and fruit crops. 
Floriculture is a growth sector, and agricultural non-traditional exports now rival the mining industry in foreign exchange receipts. Zambia has the potential for significantly increasing its agricultural output; currently, less than 20% of its arable land is cultivated.
To conclude, although the copper-mining is fall, the GDP has growth of 3.40 %. It prove the Zambia arrive to diversify his earning thank to other type of activity.

Hugo (or not really...)



Commentaires

  1. I don't think it's very useful to copy and paste information without trying to rephrase them yourself. You must do something more personnal to make it more interesting.

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