Saturday, June 15, 2019

International Business of Botswana Country Essay

Inter rural areaal Business of Botswana Country - Essay ExampleWhen Botswana appe bed on the face of the map, there was no army for the defence and protection of the country. In 1977 Botswana Defence Force was formed and today almost 12000 armed men are an integral part of the corpse (Botswana, 2007).The government of Botswana has perfectly maintain the outflow of diamonds for the economic well being of the country and from last three decades Botswana is a leader in the production of look diamonds. Thus, the revenue generated from diamond mining is very rightly used to carry out the essential expenditures of the country (Background Note Botswana, 2007).The other chief sources of income in Botswana embarrass tourism and cattle industry. Before 1971 the market was based on agriculture and farming, but then diamond mining started that heightened the economic growth and also increase the per capita income of the country as compared to many other African countries (The World Fact Book, 2007).Whenever we consider the economic structure of a place, we cannot deny the fact that there are some threatening issues related to that area which have an immense effect on the expansion and progression of the nation. Similarly, Botswana is dealing with the victims of HIV- AIDS as the country has the randomness highest infection rate and as a result huge amounts are needed to tackle the problem every year (Structure of the economy, 2007). In addition to it, the nation is also facing crisis in the employment sector. A large number of population is unemployed and the government is taking keen interest in facilitating the dish sector. Cultural values of Botswana In the northern areas of Botswana trained and skilful women are working in their villages. They are famous for weaving and crafting. Moreover, few writers of that part of the conception are famous for their work primarily Bessie Head, who wrote about Botswana until her death in 1986 (Binsbergen, 2002). In the same mann er people from different fields have entered the orbicular market in order to promote the culture of Botswana and to strengthen its economy in the world (Botswana, 2007).Botswana - International trade today and 25 years covering fireAfter the independence of Botswana in 1966, agriculture had been its major economic sector. Its main emphasis had been on agricultural goods which shared about forty percent (40%) of the hoggish Domestic Product of Botswana and forms the basic exports of the country. Even today the primary sector contributes highest to the countrys GDP, which now, not only includes agricultural goods but also mining. Now Botswana is on the running of diversification. It is working hard to diverse its economy and emphasizing more on manufacturing goods and mining than on agricultural goods. Its main manufacturing products include meat products, dairy products, textiles, chemical substance and leather products, wooden products and many others. In 1983 the mining sector contributed 52.6 percent to the GDP (Kapunda, 2003, 3). The major exports of Botswana are focused to Common custom area, USA, UK, Zimbabwe and to other European countries. In the year 1985 the total exports of Botswa

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