Trade and Resources in Ethiopia

Ethiopias natural resources:

Ethiopia has old legends about it's resources from the well-known story of the Queen of Sheba who had many riches. Ethiopia still has valuable resouces, but unfortunately not as many as it was once known for. Ethiopia's natural resources are small reserves of gold, platinum, copper, potash, natural gas, hydropower. 1

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One of the most valuable resources in Ethiopia is the soil for agriculture. Occasionally the soil suffers from erosion. Ethiopia is primarily an agricultural country. Ethiopia does very well in farming. Ethiopia is severely lacking compared to other countries on it's resources, and a lot of their goods are imported. Ethiopia does not have a lot of minerals to offer, besides some gold they are known for. Hydro power is a resource used in Ethiopia that is slowly becoming popular. This is used for power from their natural rivers and lakes, which provides useful. 3

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Ethiopia's economy is not doing the greatest because of its need to import what they lack. Ethiopia's resources have definitely decreased over the years, leaving them in some debt. Back in biblical times Ethiopia was known for its gold, and trading dating all the way back then. Ethiopia has always been one of the countries people have had trading routes through, since it is one of the more accessible countries. Ethiopia's Kingdom of Aksum in the AD was known as a trading post. In the current times Ethiopia has to have imports from other nations such as, China, which has led them into debt and made trading more difficult. 5

 

 

 

Sources:
1: http://www.indexmundi.com/ethiopia/natural_resources.html

2: image from Yahoo images derived from:

3: http://kids.britannica.com/comptons/article-200397/Ethiopia

4: image from yahoo derived from www.mapcruzin.com

5: https://en.wikipedia.org/wiki/Kingdom_of_Aksum