economy of south asia - steilacoom€¦ · economy of south asia the green revolution a program to...
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Economy
OF
SOUTH ASIA
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The economies of this region are growing , both domestically and internationally
Economies of South Asia
• India opened its economy to foreign investment in the 1990s. Deregulation and private ownership of businesses helped to grow the Indian economy in the 1990s, from the socialist government it had before.
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Tourism is starting to increase
• Most tourists visit South Asia to see wild animals, mountains, temples, and festivals.
• Tourism that encourages responsible interaction with the environment is called ecotourism.
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Environmental concerns of this region, are hazards and issues that make South Asia Risky for investing.
– Deforestation has been the cause of erosion, floods, and loss of soil in Bangladesh and Sri Lanka.
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Environmental concerns also help this region make money and supply jobs to their people.
– Ship breakers in Chittagong, Bangladesh, dismantle old ships in order to recycle iron and steel.
– This kind of sustainable development uses resources at a rate that does not deplete them
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Farming is very important to the economy of South Asia
The green revolution a program to increase higher yields of wheat, rice, and other crops
Most farmers in South Asia plow fields, carry water, and sow seed by hand.
Terracing an effective farming technique in some parts of South Asia
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Your need an Educated workforce to be successful
How do you read the chart? Table 24-1
Percent Enrolled in Secondary School
in Selected South Asian Countries
1980 2004
Males Females Males Females
Bangladesh 26 9 45 50
India 39 20 58 47
Nepal 33 9 50 39
Pakistan 20 8 26 19
Sri Lanka 52 57 84 89
Source: Population Reference Bureau, World’s Youth 2006 Data Sheet.
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In the third world a little money goes a long way
Cottage industries in India produce jewelry, woodcarvings, and cloth
A bank-operated microcredit program was created in the 1970s in Bangladesh to help impoverished people start their own small businesses.
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