How Iceland develops its national economy according to local conditions

Updated on Three rural 2024-03-08
9 answers
  1. Anonymous users2024-02-06

    Using infinite ice power resources, I don't know how to use them...

  2. Anonymous users2024-02-05

    Summary. 1. Increase foreign exchange earnings, as foreign exchange earnings, tourism has played an important role in the country's foreign exchange earning and balancing the balance of payments; 2, the development of regional economy, tourism is a very comprehensive industry, eating, living, traveling, traveling, shopping, entertainment is the six major elements of tourism, the development of tourism, will continue to drive the development of food, construction, transportation, post and telecommunications, garden, commerce, textile, insurance and other industries directly related to this element; 3. Increase employment opportunities, tourism is a comprehensive industry, which can not only provide employment opportunities directly to the society, but also indirectly provide employment opportunities for the society; 4. Poverty alleviation, tourism is a fast-paced, permanent poverty alleviation and development project, the speed of tourism development, far faster than the speed of development of various industries, in less than half a century, tourism has rapidly developed into the world's largest industry, tourism has a positive impact on the Icelandic economy.

    Isn't it okay yet? Hello dear, I am honored to answer for you: 1. It can drive the overall economic level.

    2. Strengthen the protection of the environment. 3. The advanced business philosophy, technical facilities and service level can provide the development direction and practical experience for the upgrading of other tourism products in the region.

    1. Increase foreign exchange earnings, as foreign exchange earnings, tourism has played an important role in the country's foreign exchange earning and balancing the balance of payments; 2, the development of regional economy, tourism is a very comprehensive industry, eating, living, traveling, traveling, shopping, entertainment is the six major elements of tourism, the development of tourism, will continue to drive the development of food, construction, transportation, post and telecommunications, garden, commerce, textile, insurance and other industries directly related to this element; 3. Increase employment opportunities, tourism is a comprehensive industry, which can not only provide employment opportunities directly to the society, but also indirectly provide employment opportunities for the society; 4. Poverty alleviation, tourism is a fast-paced, permanent poverty alleviation and development project, the speed of tourism development, far faster than the speed of development of various industries, in less than half a century, tourism has rapidly developed into the world's largest industry, tourism has a negative impact on the Icelandic economy.

    1. Iceland's economy is dependent on tourism, and other industries and manufacturing industries are lagging behind 2. The number of tourists exceeds the local infrastructure load, which leads to a surge in housing prices.

  3. Anonymous users2024-02-04

    Geothermal, tourist active volcanic development.

    Big fish by the sea. At the same time, due to the abundant resources in the sea.

  4. Anonymous users2024-02-03

    Fishery is the pillar of the economy, and the industry is dominated by high-energy-consuming industries such as fishery product processing and aluminum smelting. There is a large dependence on foreign trade. Fisheries, water conservancy and geothermal resources are abundant, other natural resources are scarce, and oil and other products need to be imported.

    The annual hydropower generation capacity that can be developed is 64 billion kWh, and the annual power generation capacity of geothermal energy can reach 7.2 billion kWh. The industrial base is weak, except for light industries such as fishery product processing and knitting, and the industry is dominated by high-energy-consuming industries such as aluminum smelting.

    Fishing is the pillar industry of Iceland's national economy, the main fish species are capelin, cod and herring, and the vast majority of fishery products are exported, accounting for nearly 70% of the total merchandise exports. Iceland's fishing fleet is well-equipped and its fish processing technology is one of the best in the world. Due to its high latitude and low sunshine, only a few farms in the south produce 400,500 tonnes of crops per year.

    The arable land area is 1,000 square kilometers, accounting for 1 of the total area of the country. Animal husbandry dominates, and most of the agricultural land is used as forage pasture. The corresponding wool spinning industry and tanning industry are relatively developed.

    Meat, milk, and eggs are self-sufficient, and grain, vegetables, and fruits are basically imported. The output of tomatoes and cucumbers grown in greenhouses can meet 70% of domestic consumption.

    The service sector occupies an important position in the national economy, including commerce, banking, insurance and public services, accounting for about half of the GDP and employing more than two-thirds of the total labor force.

    Since 1980, it has vigorously developed the tourism industry. The main tourist spots are large glaciers, volcanic landforms, geothermal geysers and waterfalls. With a GDP per capita of nearly $30,000, Iceland is among the highest in the world.

    In 1999, Iceland had the highest mobile** penetration rate in the world.

  5. Anonymous users2024-02-02

    The Icelandic economy is already on the verge of bankruptcy.

    In 2005, Iceland's per capita GDP reached US$54,975, ranking third in the world. In addition to its high GDP per capita, Iceland is the second-longest country in the world. Life expectancy reached the age of 2005.

    The benefits in Iceland are very good, and even universities are free of tuition. The welfare is good, the level of education is high, and the quality of the population is naturally high. Icelanders understood that it was impossible to make their country rich by fishing, so they developed the financial industry.

    Attract overseas capital with an open financial environment with high interest rates and low regulations. Icelandic banks have also followed the example of other international investment banks, borrowing heavily from low-interest short-term bonds in the international capital market to invest in high-yield long-term assets, such as subprime mortgage assets. The global economic boom of the previous years had led to excessive borrowing by Iceland's banks, which led to an astonishing increase in financial leverage, with total external debt 12 times the size of GDP.

    The total amount of foreign debt is 100 billion euros, while the Icelandic central bank has only 4 billion euros in liquid assets. The banking industry has reached a point where it is "rich and rivals the country", so once there is a problem, there is no way to save it, so it has to be declared bankrupt immediately.

  6. Anonymous users2024-02-01

    In 2019, Iceland's economy reached 25 billion US dollars, and its per capita GDP exceeded 70,000 US dollars, making it a highly developed country in the world.

    Abundant fishery resources

    Iceland has a land area of only 10,000 square kilometers and a population of about 350,000, making it the least densely populated country in Europe. Iceland is near the Arctic Circle and has the name "ice", but because of the confluence of the North Atlantic Warm Current and the Icelandic Cold Current, the famous "North Sea Fishing Ground" has been formed on Iceland's doorstep. After World War II, Iceland oscillated between the United States and the Soviet Union by virtue of its geographical advantage, and obtained a large amount of export and start-up capital for fishery resources.

    As the saying goes, the mountain eats the mountain, and the fish eats the fish. Iceland has developed fishing as a major industry, after all, there is a big fishing ground at the doorstep, which is convenient, time-saving and labor-saving.

    Blessed with tourism

    Iceland, the land of ice and fire, is a country of literary temperament. Many people put it on their bucket list of must-go trips in their lives. The unique natural environment and geomorphological features can even pretend to be an alien planet, and many Hollywood movies will choose Iceland as a filming location; With more than 100 volcanoes, Iceland is the only place in the world where visitors can explore the inner workings of the volcanoes. The unique landform has created an extremely rich hot spring resource in Iceland; Iceland is located in the aurora zone, and it is possible to see the aurora without looking for the best spots.

    These attractions attract a large number of tourists from all over the world, and drive the energy industry, which greatly promotes economic development.

    Industrious people

    Iceland's population has always been small, but because of this, many people have second careers. And they've been working hard, according to the World Economic Forum's 2013 rankings, which is the most enthusiastic of the 140 countries. They relied on their industrious hands to obtain their own wealth.

    Iceland can be among the ranks of developed countries, thanks to Iceland's active adjustment of industries, in addition to the development of fisheries, but also the use of unique tourism and energy resources, vigorously develop tourism and energy industry, coupled with the small land area and population base, Iceland's economy has achieved rapid development.

  7. Anonymous users2024-01-31

    Iceland, which is cold and scarce in resources, scarce and sparsely populated, finally became a developed country in Gordon, which is the development and planning of resources by human beings.

  8. Anonymous users2024-01-30

    Iceland has become a highly developed country mainly because of a highly developed capital market and an overall high level of population quality.

  9. Anonymous users2024-01-29

    Because Iceland has a relatively small population, but everyone wears many hats, so they live a good life and are not so comparative.

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