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Agriculture

Egyptian economy

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Egyptian economy

There is a strict environmental policy in Egypt. It is governed by the law number 4, which was passed in 1994. It is illegal to handle any hazardous material or the establishment of any plant that either manufactures or treats such substances. The measure makes many investors, such as those who would have made industries such as those involved in the manufacture of chemicals such as sulphuric acid. It also requires that some of the people who import such products have licenses. The policy also falls under the weapons policy. The main argument s that the chemicals may be used in the interference of security. Some of the attacks have been made by groups that dealt with such chemicals. In some cases, when they are not involved, they are hijacked by militia and the products used in attacks.

The industrial sector is also not allowed to leak any wastes to the environment. If they do so, they are subject to the revocation of licenses. Foreign investors are also bound to be banished from the company. In addition to that, there are incentives for the company that has incentives such as planting trees. Some of the companies, such as woodworkers are not allowed to cut down natural forests.  Since most of the country is a desert, there are measures to protect the areas that are productive. The Nile desert is very productive, and the government has a measure to keep the area as it is. If the area was to be dry, there might be chances that the economy of the nation may collapse. This is due to the importance of agriculture to the Egyptian economy.

Another characteristic of Egypt that shows that it is a developing state is the dependence on the primary sector as the main determinant of the economy of the state. In that case, the Egyptian economy depends on agriculture and oil mining as well as tourism. The three primary sectors are the core supporters of the economy of that state. The changes that happen in the state are a significant influence on the leaders to adopt strategies that suit the changes. The growth in population is one of the factors that contribute to the leadership style. Developing a big population means that testate resources have to be increased to support the needs of the people.

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