Mali By: Makenzie Wozniak, Kaiti Wanta, Alex Kroll SKzHtg.

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Mali By: Makenzie Wozniak, Kaiti Wanta, Alex Kroll SKzHtg

Natural Resources  Bauxite, copper, diamonds, gold, granite, gypsum, iron ore, kaolin, limestone, lithium, manganese, phosphates, salt, silver, zinc, uranium, cotton

Production Of Resources  Natural- -farming: most people make a living in  Make two types of crops  Capital- Mali used human and capital resources to mine gold  Gold is a main factor of income for the country as a whole

Labor Resources  Includes:  Armed forces  Unemployed  First time job seekers  Ages 15 years or older  Satisfies the International Labour Organization

Short Supply  When running out of water or electricity  Look for help from ICRC to provide fuel for power  ICRC-International Committee of the Red Cross  3 rd world country-receive help from other countries with supplies in need

Entrepreneurial Resources  Produits du Sud- harvests gums from trees and exports them to Europe to be used in cosmetics and baked goods  Payments to farmers have increased from $17,000 to $1,000,000 in four years  This allows them to trade and gain prosperity even though they are an underprivileged country  Other entrepreneurs produce crops

Economy Type  Presidential Republic  Largely based on agriculture  Poorest nations  Malians - farming -herding -fishing

Business Relations 

Market Economy  They trade and invest with other countries  Agreement with United States to trade and invest  Exports: gold, arts, and antiques  Imports: machinery, fats and oils, and communication equipment