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% of Israel's net domestic profit and employs about 22% of it's work force(Bernard Reich, the World Book Encyclopedia). Israeli factories produce such goods as chemical products, electronic equipment, fertilizer, paper, plastic, processed food, scientific and opti....

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Number Of Words: 349

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