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Transcript of Madagascar
Imports and Exports
cloves, knit sweaters, crustaceans, titanium ore, and vanilla
refined petroleum, rice, cars, delivery trucks, and raw sugar
The main trading partners with Madagascar are the United States, Germany, Japan, and Italy
Madagascar is mainly agriculture so most of the workers are farmers. But theres also businesses that are there with business men and store owners.
Madagascar has a mixed economy. Which means they are a command and a market economy.
By Sebastian Calabrese and Trevor Sloth
Since Madagascar is one of the poorest country's it relies heavily on its natural resources. Madagascar has an abundance of rainforest and topsoil.
The Education System
Education is free and is mandatory for five years.
In 2001, about 3.4% of children between the ages of three and five were enrolled in some type of preschool program. Primary school enrollment in 2003 was estimated at about 79% of age-eligible students. In 1999, secondary school enrollment was about 11% of age-eligible students. It is estimated that about 46.8% of all students complete their primary education.
Madagascar's literacy rate- 65%
Even though the country is efficient in the farming industry it has some inefficient sections. Like the children there are very uneducated, and trade costs to much because of their isolation from other countries which makes them poor.
Madagascar's GDP is very low compared to other country's GDP. Madagascar's GDP per capita is $447.44 USD
National Debt $3.127 billion USD
GDP of madagascar $9.975 billion
unemployment rate 3.8%
inflation rate 6.0%
-2.3% of GDP (2013 est.)
Madagascar's in a depression right now.
The GDP could tell that if Madagascar has only 447 dollars then the country's people are probably poor.