Sunday, January 31, 2010

Economical Industrialism in Morocco:


Moroccan economy is liberal and governed by the law of supply and demand. Morocco has now privatized certain economic districts that used to be government owned. Morocco has had some steady economic development in the last decade. The economy has grown because of the development in cities (Rabat, Casablanca, Tangier, and Marrakech) and because of the agricultural progress. Also, the service sectors (mining, construction, and manufacturing) have been responsible for over half of GDP and industry. Tourism, technology, and textile sectors have recorded the highest growth in Morocco. However Morocco still depends on the climate for our agricultural development.

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