Economy, asked by smaetu, 1 year ago

define Economy of Green Land​

Answers

Answered by sarveshkumar83
2

Greenland is mainly dependent on fishing and fish export. most of the countries income comes from the fishing industry Itarsi exports project in food and dried and smoked fish apart from this is the islands also export minerals like lead and Zinc Agriculture is practised on a small scale in the southern part of the country the people of Southern Greenland also practice sheep farming .

Answered by 1Angel25
3
✌✌Hey, mate here is your answer⤵

The economy of Greenland can be characterized as small, mixed and vulnerable. ... This has resulted in an economy with periods of strong growth, considerable inflation, unemployment problems and extreme dependence on capital inflow from Denmark and on outside, mainly Danish, skilled labor.

↪ Economic aid: $650 million subsidy from Denmark (2012)

↪ GDP per capita: $41,800 (2015 est.)

↪ Export goods: fish and fish products 91% (2015 est.)

↪ GDP growth: 7% (2017 est.)

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Hope this answer will help you..《《

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@1Angel25
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