Wednesday, November 13, 2019

its pronounced "Tan-za-ne-a"

Today we presented our slides on Italy and Tanzania. I think we did really good and solved Italy's and Tanzania's problems. Dan and I did Tanzania and Giada and Brenna did Italy. Here was the slide I presented with Tanzania's solution: 
  • A fact from cia.gov that shows what could help and possibly save Tanzania is “Tanzania has achieved high growth rates based on its vast natural resource wealth and tourism with GDP growth in 2009-17 averaging 6%-7% per year.”
  • This means if Tanzania expands and advertises their country and its natural resources, then their tourism industry could expand and their GDP could grow a lot more.
  •  Like said before, Tanzania has completed its transition to a market economy which is a good step to take for their tourism industry, but also good for them to produce and sell products. If more people are making money
  • Tanzania also has a lot of potential to produce gold and sell it, and we got this information from this line from cia.gov and it states “gold production in recent years has increased to about 35% of exports”.”
  • If Tanzania did these things there would be more job oppurtunites for everyone, less poverty, better GDP (per capita), more money to make Tanzania better like beter education and transportation systems, be able to afford drinkable water, and after awhile the government wont hvae to lease Tanzania because Tanzanians will be able to buy it back.

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