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Difference between revisions of "Guam"
→Economy of Guam
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==Economy of Guam== | ==Economy of Guam== | ||
The development of Guam into an important U.S. military base brought about profound changes in the island’s agricultural patterns after World War II. Foodstuffs were imported in increasing amounts at the expense of local cultivation, and Guam now imports most of its food. | |||
The U.S. armed forces are represented at multiple military facilities on Guam. Andersen Air Force Base and its annexes are concentrated at the northern end of the island. U.S. Navy facilities, located around the island, include a naval air station, a naval base with a ship repair yard, communications centres, and a hospital. Work at the military facilities has drawn many islanders away from their former lives of subsistence agriculture and fishing. | |||
Tourism is the most prominent component of the economy, with more than a million visitors arriving per year. There are several luxury hotels along Tumon Bay, which has been highly developed as a tourist area. An international airport links Guam with other Pacific islands, Asia, and Hawaii and the continental United States. | |||
Poultry farming, garment-finishing plants, and oil refining are important earners. Guam is a duty-free port, and this status has attracted a number of small manufacturing companies from countries in Asia and has also prompted some immigration. Major imports—mostly from the United States and Japan—include food products, motor vehicles and parts, and shoes and other leather products. The leading exports are motor vehicles and parts, fish and other food products, scrap metal, and tobacco products. Finland, Japan, and the Federated States of Micronesia are the main export destinations. | |||
==Government and Society of Guam== | ==Government and Society of Guam== | ||