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Published byAndrew Baker Modified over 9 years ago
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Mali By: Makenzie Wozniak, Kaiti Wanta, Alex Kroll http://www.youtube.com/watch?v=_tQ4- SKzHtg
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Natural Resources Bauxite, copper, diamonds, gold, granite, gypsum, iron ore, kaolin, limestone, lithium, manganese, phosphates, salt, silver, zinc, uranium, cotton
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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
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Labor Resources Includes: Armed forces Unemployed First time job seekers Ages 15 years or older Satisfies the International Labour Organization
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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
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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
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Economy Type Presidential Republic Largely based on agriculture Poorest nations Malians - farming -herding -fishing
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Business Relations
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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
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