Economy Of Haiti
Haiti has a free market economy with low labor costs. A republic, it was a French colony before gaining independence in an uprising by its enslaved people. It faced embargoes and isolation after its independence as well as political crises punctuated by foreign interventions and devastating natural disasters. Haiti's estimated population in 2018 was 11,439,646. ''The Economist'' reported in 2010: "Long known as the poorest country in the Western hemisphere, Haiti has stumbled from one crisis to another since the Duvalier ( François Duvalier) years." Haiti has an agricultural economy. Over half of the world's vetiver oil (an essential oil used in high-end perfumes) comes from Haiti. Bananas, cocoa, and mangoes are important export crops. Haiti has also moved to expand to higher-end manufacturing, producing Android-based tablets and current sensors and transformers. Its major trading partner is the United States (US), which provides the country with preferential trade access to ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Port-au-Prince
Port-au-Prince ( ; ; , ) is the Capital city, capital and List of cities in Haiti, most populous city of Haiti. The city's population was estimated at 1,200,000 in 2022 with the metropolitan area estimated at a population of 2,618,894. The metropolitan area is defined by the IHSI as including the Communes of Haiti, communes of Port-au-Prince, Delmas, Ouest, Delmas, Cité Soleil, Tabarre, Carrefour, Ouest, Carrefour, and Pétion-Ville. The city of Port-au-Prince is on the Gulf of Gonâve: the bay on which the city lies, which acts as a natural harbor, has sustained economic activity since the civilizations of the Taíno. It was first incorporated under Saint-Domingue, French colonial rule in 1749. The city's layout is similar to that of an amphitheater; commercial districts are near the water, while residential neighborhoods are located on the hills above. Its population is difficult to ascertain due to the rapid growth of slums in the hillsides above the city; however, recent ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Sugar Refining
Sugar is the generic name for sweet-tasting, soluble carbohydrates, many of which are used in food. Simple sugars, also called monosaccharides, include glucose, fructose, and galactose. Compound sugars, also called disaccharides or double sugars, are molecules made of two bonded monosaccharides; common examples are sucrose (glucose + fructose), lactose (glucose + galactose), and maltose (two molecules of glucose). White sugar is almost pure sucrose. In the body, compound sugars are hydrolysed into simple sugars. Longer chains of monosaccharides (>2) are not regarded as sugars and are called oligosaccharides or polysaccharides. Starch is a glucose polymer found in plants, the most abundant source of energy in human food. Some other chemical substances, such as ethylene glycol, glycerol and sugar alcohols, may have a sweet taste but are not classified as sugar. Sugars are found in the tissues of most plants. Honey and fruits are abundant natural sources of s ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Agriculture
Agriculture encompasses crop and livestock production, aquaculture, and forestry for food and non-food products. Agriculture was a key factor in the rise of sedentary human civilization, whereby farming of domesticated species created food surpluses that enabled people to live in the cities. While humans started gathering grains at least 105,000 years ago, nascent farmers only began planting them around 11,500 years ago. Sheep, goats, pigs, and cattle were domesticated around 10,000 years ago. Plants were independently cultivated in at least 11 regions of the world. In the 20th century, industrial agriculture based on large-scale monocultures came to dominate agricultural output. , small farms produce about one-third of the world's food, but large farms are prevalent. The largest 1% of farms in the world are greater than and operate more than 70% of the world's farmland. Nearly 40% of agricultural land is found on farms larger than . However, five of every six farm ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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United States
The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 U.S. state, states and a federal capital district, Washington, D.C. The 48 contiguous states border Canada to the north and Mexico to the south, with the semi-exclave of Alaska in the northwest and the archipelago of Hawaii in the Pacific Ocean. The United States asserts sovereignty over five Territories of the United States, major island territories and United States Minor Outlying Islands, various uninhabited islands in Oceania and the Caribbean. It is a megadiverse country, with the world's List of countries and dependencies by area, third-largest land area and List of countries and dependencies by population, third-largest population, exceeding 340 million. Its three Metropolitan statistical areas by population, largest metropolitan areas are New York metropolitan area, New York, Greater Los Angeles, Los Angel ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Chrysopogon Zizanioides
''Chrysopogon zizanioides'', commonly known as vetiver and khus, is a perennial bunchgrass of the family Poaceae. Vetiver is most closely related to sorghum while sharing many morphological characteristics with other fragrant grasses, such as lemongrass (''Cymbopogon citratus''), citronella ('' Cymbopogon nardus'', ''C. winterianus''), and palmarosa ('' Cymbopogon martinii''). Etymology Vetiver is derived from the Tamil () meaning 'root that is dug up', via French . In Northern India it is also called ('grass', not to be confused with , which refers to poppy seed). History During the reign of Harshavardhan, Kannauj became the biggest centre for aromatic trade and for the first time, a vetiver tax was introduced. Starting in 1990, the World Bank promoted use of vetiver grass by farmers for soil and water management in countries like India, Nepal, Thailand, and Nigeria. Description Vetiver grows to high and forms clumps as wide, and under favorable conditions, the er ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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François Duvalier
François Duvalier (; 14 April 190721 April 1971), also known as Papa Doc, was a Haiti, Haitian politician and Haitian Vodou, Vodouisant who served as the president of Haiti from 1957 until his death in 1971. He was elected president in the 1957 Haitian general election, 1957 general election on a populist and black nationalist platform. After thwarting July 1958 Haitian coup attempt, a military coup d'état in 1958, his regime rapidly became more autocratic and despotic. An undercover government death squad, the Tonton Macoute (), indiscriminately tortured or killed Duvalier's opponents; the Tonton Macoute was thought to be so pervasive that Haitians became highly fearful of expressing any form of dissent, even in private. Duvalier further sought to solidify his rule by incorporating elements of Haitian mythology into a personality cult. Prior to his rule, Duvalier graduated from the Graduate School of Public Health of the University of Michigan on a scholarship that was mean ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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The Economist
''The Economist'' is a British newspaper published weekly in printed magazine format and daily on Electronic publishing, digital platforms. It publishes stories on topics that include economics, business, geopolitics, technology and culture. Mostly written and edited in London, it has other editorial offices in the United States and in major cities in continental Europe, Asia, and the Middle East. The newspaper has a prominent focus on data journalism and interpretive analysis over News media, original reporting, to both criticism and acclaim. Founded in 1843, ''The Economist'' was first circulated by Scottish economist James Wilson (businessman), James Wilson to muster support for abolishing the British Corn Laws (1815–1846), a system of import tariffs. Over time, the newspaper's coverage expanded further into political economy and eventually began running articles on current events, finance, commerce, and British politics. Throughout the mid-to-late 20th century, it greatl ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Forbes
''Forbes'' () is an American business magazine founded by B. C. Forbes in 1917. It has been owned by the Hong Kong–based investment group Integrated Whale Media Investments since 2014. Its chairman and editor-in-chief is Steve Forbes. The company is headquartered in Jersey City, New Jersey. Sherry Phillips is the current CEO of Forbes as of January 1, 2025. Published eight times per year, ''Forbes'' feature articles on finance, industry, investing, and marketing topics. It also reports on related subjects such as technology, communications, science, politics, and law. It has an international edition in Asia as well as editions produced under license in 27 countries and regions worldwide. The magazine is known for its lists and rankings, including its lists of the richest Americans (the Forbes 400, ''Forbes'' 400), of 30 notable people under the age of 30 (the Forbes 30 Under 30, ''Forbes'' 30 under 30), of America's wealthiest celebrities, of the world's top companies (the Fo ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Free Market Economy
A market economy is an economic system in which the decisions regarding investment, production, and distribution to the consumers are guided by the price signals created by the forces of supply and demand. The major characteristic of a market economy is the existence of factor markets that play a dominant role in the allocation of capital and the factors of production. Market economies range from minimally regulated free market and ''laissez-faire'' systems where state activity is restricted to providing public goods and services and safeguarding private ownership, to interventionist forms where the government plays an active role in correcting market failures and promoting social welfare. State-directed or dirigist economies are those where the state plays a directive role in guiding the overall development of the market through industrial policies or indicative planning—which guides yet does not substitute the market for economic planning—a form sometimes referred ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Haiti
Haiti, officially the Republic of Haiti, is a country on the island of Hispaniola in the Caribbean Sea, east of Cuba and Jamaica, and south of the Bahamas. It occupies the western three-eighths of the island, which it shares with the Dominican Republic. Haiti is the third largest country in the Caribbean, and with an estimated population of 11.4 million, is the most populous Caribbean country. The capital and largest city is Port-au-Prince. Haiti was originally inhabited by the Taíno people. In 1492, Christopher Columbus established the first European settlement in the Americas, La Navidad, on its northeastern coast. The island was part of the Spanish Empire until 1697, when the western portion was Peace of Ryswick, ceded to France and became Saint-Domingue, dominated by sugarcane sugar plantations in the Caribbean, plantations worked by enslaved Africans. The 1791–1804 Haitian Revolution made Haiti the first sovereign state in the Caribbean, the second republic in the Americ ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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The Observatory Of Economic Complexity
The Observatory of Economic Complexity (OEC) is an online data visualization and distribution platform for international trade data designed and owned bDatawheel Through interactive visualizations, the OEC aims to make global trade data accessible and understandable. The site consists of a series of periodically updated profiles dedicated to exploring trade data for countries and their regions, companies, products, and international organizations. It also features bilateral profiles that allow exploring the trade relationships between different countries and between countries and products. The platform has developed an arrangement of tools dedicated to exploring trade datasets and making data cuts with its Data, Company, and Trend Explorers or building custom visualizations with its Viz builder. The OEC also features economic complexity data through indicators, maps, rankings, and publications, making it a resource for researchers, trade experts, businesses, students, and other ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Manufacturing
Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of the secondary sector of the economy. The term may refer to a range of human activity, from handicraft to high-tech, but it is most commonly applied to industrial design, in which raw materials from the primary sector are transformed into finished goods on a large scale. Such goods may be sold to other manufacturers for the production of other more complex products (such as aircraft, household appliances, furniture, sports equipment or automobiles), or distributed via the tertiary industry to end users and consumers (usually through wholesalers, who in turn sell to retailers, who then sell them to individual customers). Manufacturing engineering is the field of engineering that designs and optimizes the manufacturing process, or the steps through which raw materials are transformed i ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |