Question

Use the following terms to explain how Caribbean economies are dependent: exports, imports, debt, markets, passive path toward development.

Answer 1

Agriculture is the major activity of Caribbean countries where it provides employment and also increases domestic food supply.The economy of Caribbean mainly depends upon natural resources, agriculture and travel etc.The labour exportation is high in Caribbean and it provide many job opportunities, better education facilities mainly for women's but the problem faced by the labour exportation is it reduces labours for carribea. All island in Caribbean have its own distinct economic features and it also shares a lot of similar characteristics .Inorder to increase the quality of living,the exporting of foreign currency has been increased by the caribbean.Tourism in Caribbea increases the demand for local food,crafts etc.CSME(Caribbean Single Market and Economy) it's an economy which is generated by the Caribbean community for marketing.