Taiwan: History, Economy, and Regional Imbalance Analysis
Taiwan: History, Economy, and Regional Imbalance
Regional Imbalance and Climate
Taiwan has a tropical climate, resulting in regular rainfall. Typhoons and earthquakes are common, which can hinder agriculture. However, the island is not significantly affected by fragile soils.
Resources and Foreign Investment
Foreign powers dominate almost all the capital. Large multinational factories have relocated to Taiwan because of its cheaper workforce. Consequently, the secondary sector is highly developed compared
Read MoreNepal’s Forests: Conservation, Types, and Deforestation Impact
Forest Conservation in Nepal
About one-third of Nepal’s land surface is covered by forests. According to the Department of Forest and Natural Resources survey, 29% of the land is forested. Protection, preservation, and utilization of forest products are key aspects of forest conservation. Ecological studies have demonstrated that forests help maintain rainfall levels. Forests are crucial for preventing floods and soil erosion and are vital for wildlife, human recreation, and maintaining the balance
Read MoreUnderstanding Raw Materials, Energy Sources, and Industrial Sectors
Raw Materials and Resources
Raw material resources are obtained or semi-processed products. Mineral-ore deposits are known or discovered resources that can be exploited immediately using current techniques or not. Mineral reserves are well-known resources that can be exploited with current techniques.
Energy Sources
Energy sources provide useful energy for various applications, such as industry. Energia is the ability to do work and can be renewable or nonrenewable. It’s important to distinguish between
Read MoreThe Agricultural and Industrial Revolutions: Economic Transformation
1. Agricultural Revolution:
- Agricultural Revolution: Increased production, food surplus, and innovations.
- New crop rotation system (Norfolk system) combining livestock and agriculture.
- New methods, crops, tools, and fertilizers introduced.
- In England, the enclosure acts led to the privatization of land, affecting peasants.
- Population Growth: More food, less disease, and improved health led to increased population.
- Lower mortality rates due to better food, medicine, and hygiene. Life expectancy rose to
Agriculture Diversification: Horticulture, Organic Farming & Employment
Horticulture
- It is an important sector for diversification in agriculture. Horticulture crops include fruits, vegetables, flowers, and spices.
- It provides food, nutrition, and employment opportunities.
- India has emerged as a world leader in producing mangoes, bananas, coconuts, cashews, and various other spices.
- There has been a rise in the income level of farmers involved in horticulture.
- Horticulture has given employment opportunities to women in rural areas.
- The period of 1991-2003 was the period of
Euro Currency Effects and Spain’s Unemployment Challenge
The Euro Currency Introduction
In 2000, most European countries, except for the United Kingdom, Switzerland, and Sweden, started using a common currency called the Euro.
Initial Economic Disparities
At that time, the economic situations of the nations within the Union’s boundaries became quite distinct. The map of Europe, much like centuries before, highlighted the differences between some Southern European states and others ranging roughly from Germany to the Nordic countries.