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REPORT COPYRIGHT VIOLATION IN REPLY
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Message Subject
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50% Population UNEMPLOYED in Spain and Greece
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Poster Handle
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Anonymous Coward |
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Post Content
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There are many reasons this happened. When you change a way of life by outsourcing, you remove your economic stabilizers. As Spain became more industrialized, the declining share of agriculture in the economy was evidenced by its declining share of the GDP. Agriculture accounted for 23 percent of GDP in 1960; for 15 percent, in 1970; and for 5 percent, by 1986. In addition, the character of Spanish agriculture in the 1980s had changed. It had become less a way of life and more a way of making a living. Even subsistence agriculture, already in steady decline, had become increasingly market oriented. [ link to en.wikipedia.org]
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