Israel At independence, Israel was a poor country with little agricultural or industrial production. But Israel's economy has grown tremendously since 1948. The nation now enjoy's a relatively high standard of living, despite having few natural resources and a limited water supply. Service industries plays a big part in thier economy. It accounts for 67% of Israel's net domestic product(Robert E. Clark, The World Book Encyclopedia). It employs about 65% of all it's workers. Tourism is a major service industry in Israel. Many of Israel's service industry workers are employed by the government. Manufactoring accounts for about 23% o