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As with any natural commodity, diamonds offer jobs to people who work in the industry. These jobs range from miner to manufacturer to jeweler.
As well, the diamond industry pays significant taxes in the economies where the industry operates.
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How did blood diamonds affect the economy?
Blood diamonds provide an income to terrorist organizations and the money is used for evil purpose.
How does Israel's economy answer the questions of how to produce what to produce it and for whom to produce it?
cut diamonds
Why diamonds mining is important?
Mining diamonds is as 'important' as any other industry, because it affords paying work for people, and because the mine contributes to the local economy.
Are manufactured diamonds more valuable than mined diamonds?
Natural diamonds are more valuable than manufactured diamonds, most of which are made for industrial applications, not for use as gemstones.
How are diamonds an offense to the economy?
This is a judgement call -- offense -- and would be best answered by someone who holds this tenent as a belief.
How did blood diamonds affect the economy?
Blood diamonds provide an income to terrorist organizations and the money is used for evil purpose.
Why do diamond countries not want to stop mining for diamonds?
Because diamonds are worth a lot of money and help boost that country's economy.
Is there an environmental impact from the use of diamonds?
The actual use of diamonds has no significant impact. However the demand for diamonds has an impact on the eviornment because diamonds are mined from the earth.
Why are diamonds a problem in south Africa?
no, not now. they create jobs and improve our economy.
How does Israel's economy answer the questions of how to produce what to produce it and for whom to produce it?
cut diamonds
What is a common use of diamond?
The most common use of diamonds is for industrial tools, because industrial diamonds are the most common diamonds.
Can you do anything about the cons of using diamonds?
You can refuse to use diamonds.
What do humans use diamonds for?
to cut other diamonds; to wear
Do diamonds come from Sierra Leone?
Sierra Leone's economy depends on mining, especially diamond mining, so yes, diamonds do come from Sierra Leone.
Boasts diamonds as one of its major natural resources?
Africa is the country that boasts diamonds as one of its major national resources. Diamonds add approximately 8.5 billion dollars to the economy of Africa every year.
How do you use diamonds to get passes on howrse?
10 diamonds=1 pass.
How do you use hard and diamonds in a simile?
The turtles shell was hard as diamonds.
