Bahamas - Its History, Economy and Governance

Bahamas, officially titled the "Commonwealth of thein 1973. The government is a constitutional
Bahamas", is an archipelago lying off the south-eastparliamentary democracy based on the lines of the
coast of Florida, USA and north of Cuba. TheWestminster model of the United Kingdom. The
Bahamas consists of more than 700 islands and overnominal head of state is Queen Elizabeth and the
1000 cays and rocks covering an area of more thancrown's acting head is a Governor General. The head
5,000 sq. mi (nearly 14,000 sq. km.) and a populationof the government is the Prime Minister. The
of over 300,000. Only about 30 islands are inhabited.Bahamas has been a peaceful nation and has not
The largest island is Andros but New Providence iswitnessed any violent coups or
the most populous. The capital Nassau is situated onunrest.EconomyEconomically, tourism is the biggest
this island. Eighty-five percent of the population ismoney spinner for this island nation with nearly half
made up of Afro-Bahamians, the rest are Europeansof the GDP coming from this industry alone and
with a slender minority being Asians. The mainemploying most of the people in the islands. The sun
languages are English, Creole Spanish and Portuguese.kissed beaches of the islands and the friendly party
The nation is predominantly Christian in religion withatmosphere of the locals all tend to play a large part
the largest denominations being the Baptist, Anglicanin the islands' attraction. Further, the islands being
and Roman Catholics. The literacy rate is one of theclose to the United States of America, have a large
highest in the world at 95.6% while the lifeshare of visitors from there who prefer the Bahamas
expectancy is put at 63.History and GovernanceTheas a destination for its "tropical paradise" allure. Many
country's history can be traced back to the firstpackages and tours exist for the Bahamas and the
landing of Christopher Columbus, who is said to havecost being relatively cheaper than mainland USA has
landed on San Salvador, an island in the south ofboosted its appeal to everyone in North America.
Bahamas. Many of the locals were enslaved andThe economy of the country also relies on fishing,
deported to Spain and the area was largely desertedwhich is the main occupation next only to tourism.
until the arrival of the British who set up settlementsVegetables and fruits are also grown in abundance.
in the region. The islands then came under the BritishWith a global free trade, the Bahamas has benefited
Empire. Following the American Revolutionary War,the most with many banking and investment
the African slaves in the USA who had fought on thecompanies setting up shop in the islands. The country
British side, in the conflict were expelled and werehas a per capita income of more than $20,000
resettled here by the British. The country becameputting it in the top 50 list. Bahamas' currency is the
internally self-governing in 1964 and fully independentBahamas Dollar.