ECONOMICS
TECHNOLOGY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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crops are difficult to grow and desalination is expensive
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a large portion of their budget is spent on national security and immigration
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a large portion of their budget is spent on health care and education
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banks refuse to lend money to Jews
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Detailed explanation-1: -"Poverty and income disparity in Israel are among the highest in the developed world. Half of Israel’s population does not even reach the bottom of the income tax scale and pays no income tax at all. Nearly 90 percent of Israel’s total income tax revenue is earned by just 20 percent of the population."
Detailed explanation-2: -WEAKNESSES. Dangerous geopolitical environment. Small economy. Concentration of exports on Western countries. Lack of workers in key sectors such as manufacturing and high-tech.
Detailed explanation-3: -The country’s major economic sectors are high-technology and industrial manufacturing. The Israeli diamond industry is one of the world’s centers for diamond cutting and polishing, amounting to 23.2% of all exports.
Detailed explanation-4: -The most important economic sectors are technology, manufacturing, and diamond polishing and cutting. In 2022, Israel’s GDP amounted to 501.4 billion U.S. dollars, and, according to estimates, it will increase to 611.8 billion U.S. dollars by 2026.