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Bahamas - Its History, Economy and Governance

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




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