1. The Economy and Outlook
... reserves for the whole world. In Algeria the export of oil and gas began in 1958. The hydrocarbons sector of the industry is the main source of government revenue. This also accounts for 90% of the country's exports. During President Boumedienne's period in office the 1976 National Charter established government control over all sectors of the economy as a form of socialism. Nonetheless, the charter ... % of the countries labor force and makes up 12% of the gross domestic product. Although 70% of Algeria's food is imported, as a whole, the agriculture industry is growing an average of 5%...
- Word Count: 1658
- Approx Pages: 7
- Grade Level: Undergraduate