Madagascars Natural Resources
Fish
Fish are a major part of Madagascar's economy. Not only do many people fish for a living, they depend on it. Seventy to eighty percent of people rely on farming or fishing as an income.
A young boy helps bring in the catch. Madagascar is a poor country so some kids have to help out financially.
A young boy helps bring in the catch. Madagascar is a poor country so some kids have to help out financially.
Gold
Another natural resource in Madagascar is gold. Many people mine for a living. Gold smuggling is a problem in Madagascar.
A girl pans for gold river in Madagascar.
A girl pans for gold river in Madagascar.
Natural resources double revenue
This graph shows that Madagascar received almost US $145,000,000 from oil, gas, and mining companies in 2010. This amount is double what was reported the previous year.
http://eiti.org/news-events/madagascar-doubles-revenue-from-natural-resources#
http://eiti.org/news-events/madagascar-doubles-revenue-from-natural-resources#
Significant resources
Natural Resources: Madagascar has gold, phosphates, kaolin, salt,
limestone, uranium, and hydropower (water-powered electricity). Most of the
people in Madagascar (about 70-80 percent) make their living by farming and
fishing; about 10 percent of the Madagascaran population is nomadic.
(This information was provided by ... http://www.enchantedlearning.com/africa/madagascar/)
The island has a wide variety of natural resources – graphite, chromite, coal, bauxite, salt quartz, tar sands, semiprecious stones, mica, fish and hydropower. However, the economy remains largely dependent on the exportation of agriculture products – coffee, vanilla, sugar and cotton cloth amongst others – for continued economic growth, instead of employing Madagascar’s natural resources as a source of consistent economic growth. Though, it should be noted that some of Madagascar’s natural resources – most notably exports of shellfish and chromite – have contributed to economic expansion in recent years.
(This information was provided by... http://www.un.org/esa/coordination/Alliance/madagascar.htm )
limestone, uranium, and hydropower (water-powered electricity). Most of the
people in Madagascar (about 70-80 percent) make their living by farming and
fishing; about 10 percent of the Madagascaran population is nomadic.
(This information was provided by ... http://www.enchantedlearning.com/africa/madagascar/)
The island has a wide variety of natural resources – graphite, chromite, coal, bauxite, salt quartz, tar sands, semiprecious stones, mica, fish and hydropower. However, the economy remains largely dependent on the exportation of agriculture products – coffee, vanilla, sugar and cotton cloth amongst others – for continued economic growth, instead of employing Madagascar’s natural resources as a source of consistent economic growth. Though, it should be noted that some of Madagascar’s natural resources – most notably exports of shellfish and chromite – have contributed to economic expansion in recent years.
(This information was provided by... http://www.un.org/esa/coordination/Alliance/madagascar.htm )
Resource Consumption Causes Lack of Resources
Forests of madagascar are a valuable resource to humans and animals alike. Deforestation in Madagascar is a major problem and percentages of forested lands are decreasing. This could pose a problem to the native animals of Madagascar.
With about 5% of Earth's plant and animal species found within this 0.4% of the planet's land surface, Madagascar is among the world's most significant biodiversity hotspots. The general level of endemism among its flora and fauna is estimated at over 80%, with many species yet to be named or even discovered. So 8 out of every 10 species found in Madagascar are found nowhere else…
http://www.madagascar.co.uk/madagascar/madagascar.htm
With about 5% of Earth's plant and animal species found within this 0.4% of the planet's land surface, Madagascar is among the world's most significant biodiversity hotspots. The general level of endemism among its flora and fauna is estimated at over 80%, with many species yet to be named or even discovered. So 8 out of every 10 species found in Madagascar are found nowhere else…
http://www.madagascar.co.uk/madagascar/madagascar.htm