ECONOMICS
TECHNOLOGY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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It has few natural resources and little farmland.
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It has a poorly educated population.
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The money earned is used to support the military.
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The country has little in the way of fishing.
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Detailed explanation-1: -Israelis have made up for their lack of natural resources because: They have developed strong technology companies in their economies. The industry that the government of Saudi Arabia heavily control is: The oil industry.
Detailed explanation-2: -The first factor of Israel’s success was the government’s total commitment to agricultural development and strong leadership on the issue. Without it there would have been no agriculture in the Jordan Valley desert, where the only available water is one kilometre below the ground, or in the Negev desert.
Detailed explanation-3: -Biotechnology also has a role to play in regenerative agriculture, says Vered. “Biotechnology is strong in Israel, and it is making plants more robust or easier to harvest or increasing yields.” BetterSeeds, for instance, alters the architecture of many types of crops to enable machine picking and increase yield.