How does Israel make money?

Answer 1

Israel is considered one of the most advanced countries in the Middle East in economic and industrial development. The country has been ranked highest in the region on the World Bank's Ease of Doing Business Index as well as in the World Economic Forum's Global Competitiveness Report. It has the second-largest number of startup companies in the world (after the United States) and the largest number of NASDAQ-listed companies outside North America. Israel has the 53rd-highest gross domestic product and 37th-highest gross domestic product per capita (at purchasing power parity) at US$170.3 billion and US$26,800, respectively. In 2007, Israel was invited to join the Organisation for Economic Co-operation and Development, which promotes cooperation between countries that adhere to democratic principles and operate free-market economies.

Answer 2

Israel has a strong industrialized economy (recently purchased by W. Buffet - Iscar is a good example) a big military industry, agriculture (netafim) that goes for export and a very developed hi tech industry (Checkpoint).

Answer 3

The major industrial sectors in Israel include metal products, electronic and biomedical equipment, processed foods, chemicals, and transport equipment. Israel possesses a substantial service sector and the Israel diamond industry is one of the world's centers for diamond cutting and polishing. Israel is also a world leader in software development and is a major tourist destination.

Answer 4

Education, high-tech industry, medical industry and health care, import and export, banking and stocks, wholesale and retail stores, factories of all kinds, dairy farming, agriculture, you name it. Israel is a modern country.

Answer 5

Israel as government makes money from tax revenues, tariffs, and foreign aid. Israeli people make money by working at jobs or farming, just like everywhere else in the world.

Answer 6

They are farmers so thy harvest a lot.