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The economy of Crete, which was mainly based on farming, and fishing, began to change visibly during the 1970s. While an emphasis remains on farming and stock breeding, due to the climate and terrain of the island, there has been a drop in manufacturing and an observable expansion in its service industries (mainly tourism-related). All three sectors of the Cretan economy (agriculture, processing-packaging, services), are directly connected and interdependent. The island has a per capita income close to 100% of the Greek average, while unemployment is at approximately 4%, half of that of the country overall. As in other regions of Greece, olive growing is also a significant industry; a small amount of citrons are still cultivated on the island.
What else can I help you with?
Is Crete part of the European Union?
Crete is a Greek island and Greece is a member of the European Union, so Crete is in the European Union.
What is the possessive of economy?
The possessive of economy is economy's.
What is the difference between market economy and mixed economy?
The difference between market economy and mixed economy is that a marked economy is a marked economy and a mixed economy is a mixed economy
What economy does Jordan have?
Jordan's economy is a market economy.
What is included in mixed economy?
Mixed economy included Capitalistic economy and also Socialistic economy. Capitalistic economy for profit earning and socialistic economy for social welfare.
Is crete still crete or is it renamed?
Crete is still called Crete.
Where is the Crete Bicentennial Society Crete Nebraska in Crete Nebraska located?
The address of the Crete Bicentennial Society Crete Nebraska is: 13Th And Redwood, Crete, NE 68333
Where did the Minoan civilization live?
the civilization developed on the island of Crete
What is the average daily car rental rate for an economy car in Crete Greece?
The average price of daily car rental in Crete, Greece, is twenty-five Euro per day. This information is according to "The Best Rent-a-Car" website in Greece.
How do you spell Crete?
Crete
Which is the bigger island Crete or Rhodes?
Crete, Crete is the 5th largest island in the Mediterranean, Rhodes is the 9th largest.
Biggest island in Greece?
The largest island that makes up Greece is Crete.
What is the largest island in Greece?
The largest island in Greece is Crete.
Where is the Crete Public Library in Crete located?
The address of the Crete Public Library is: 305 East 13Th Street, Crete, 68333 0156
Battle of crete?
It is still unknown how the civilization of Crete disappeared, but we know that the Mycenaes conquered Crete, so they fought against the people from Crete, who weren't ready to fight because of a volcanic eruption that happened before.
What is best turkey or crete?
Definately Crete!
What is the neighborhood of Crete?
Crete is a Greek island.
