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What is the economy in the Bahamas?

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Anonymous

13y ago
Updated: 8/17/2019

i am not quite sure hope i helped you

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Wiki User

13y ago

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Related Questions

What is the economic system in the Bahamas?

The economic system in the Bahamas is a market economy. Tourism is a major part of the Bahamas economy.


What type of economy does Barbados have?

The Bahamas economy consist of plantation and farming


What is the importance of tourism to the Bahamas?

Stimilation of their economy.


Does the Bahamas have any free market economy?

It does have.


What type of industry and economy does the Bahamas have?

farming and fishing and tourism


What type of economic system does the Bahamas have?

The Bahamian economy is almost entirely dependent on tourism and financial services to generate foreign exchange earnings. So the Bahamas has a market economy in general terms.


What type of government does the Bahamas have?

The Bahamas is governed by an old Parliament Democracy with a Prime Minster as the head of the Executive Branch. Over 270 years of uninterrupted change in form of government, makes The Bahamas one of the most stable countries in the world. Prior to it's independence in 1973, The Commonwealth of The Bahamas was a British Colony.


What are the main problems facing the Bahamas today?

The Bahamas, like all the Caribbean islands, are vulnerable to hurricanes. The economy of the Bahamas depends heavily on tourism, which can be a problem when not enough tourists travel there.


What are jobs in the Bahamas?

The economy of the Bahamas is largely dependent on tourism. As such, many people on the island nation are employed in the hospitality industries, such as hotels, restaurants, and various tourism activities.


Why did Woodes Rogers come to The Bahamas?

He came to take all........of the Pirates away from the bahamas.....


What are some jobs in the Bahamas?

The economy of the Bahamas is largely dependent on tourism. As such, many people on the island nation are employed in the hospitality industries, such as hotels, restaurants, and various tourism activities.


What is question 3 for social studies bjc course work 2011?

The economy of the Bahamas is in a recession explain at least four contributions farming can make to the economy.