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The economy of Belize is a small, essentially private enterprise economy that is based primarily on agriculture, tourism, and services. The cultivation of newly discovered oil in the town of Spanish Lookout has presented new prospects and problems for this developing nation. [ 15 ]
The Belize Energy Workers Union (BEWU) was in October 1981. The BEWU is a breakaway Union from the United General Workers' Union (UGWU) as a consequence of unfair representation felt by the members. The workers were part of the membership of UGWU for a fair period of time previous to the Belize Energy Workers Union.
Belize is a country on the eastern coast of Central America bordered on the north by Mexico, on the south and west by Guatemala, and on the east by the Caribbean Sea. Belize has a small, mostly private enterprise economy that is based primarily on export of petroleum and crude oil , agriculture, agro-based industry, and merchandising, with ...
The tourism industry is an important part of the economy of Belize, in 2007 contributing to over 25% of all jobs, and making up over 18% of the GDP. [8] This constituted 590 million BZD (295 million USD), according to the Belize government, up 90 million BZD (45 million USD) from the year before. [8]
Belize (/ b ɪ ˈ l iː z, b ɛ-/ ⓘ, bih-LEEZ, beh-; Belize Kriol English: Bileez) is a country on the north-eastern coast of Central America. It is bordered by Mexico to the north, the Caribbean Sea to the east, and Guatemala to the west and south. It also shares a maritime boundary with Honduras to the southeast.
Belize's social structure is marked by enduring differences in the distribution of wealth, power, and prestige.Because of the small size of Belize's population and the intimate scale of social relations, the social distance between the rich and the poor, while significant, is nowhere as vast as in other Caribbean and Central American societies, such as Jamaica and El Salvador.