Wednesday, May 6, 2020

The History Of Israel - 1705 Words

Israel, a country of only 8.38 million people, has been thriving since its independence in the year 1948. It runs as a vibrant democracy and the Prime Minister, Benjamin Netanyahu, has successfully lead a coalition government consisting of right-leaning and religious parties. This 8,019 square mile country, â€Å"has a modern market economy with a thriving high-technology sector that attracts considerable foreign investment† (heritage.org, 1). Israel is surrounded by much larger and hateful countries towards Israel, leading to multiple wars including the 2006 war against Hezbollah in Lebanon, the 2008-2009, 2012, and 2014 wars against Hamas in Gaze, and furthermore, the constant and daily threats of terrorism. But, although Israel experiences†¦show more content†¦This is a very useful tool when you are trying to comparing countries to each other because it shows the relative performance of these countries (investopedia.com). Comparing Israel to other countries, in 201 6 with the International Monetary Fund (IMF), Israel was ranked number 24 at $37,262, and with the World Bank in 2016 as well, it was ranked as number 22 at $37,293 (Economy of Israel). All of the GDP are converted into United States currency to even out the playing field and make it easier to rank all of the countries. While the GDP per capita can help compare countries to one another, an issue with it is that it doesn’t take into account the differences in cost of living as well as the fluctuations in the exchange rates of a country’s currency (wikipedia.org). Within the entire Middle East, Israel has the highest GDP, just about doubling Iran who is the second highest at $12,900 (Economy in the Middle East). By breaking down the percentages of the GDP in Israel, it shows that most of the GDP is towards services at 64.7%, then 31.2% in industry, and a small 2.5% in agriculture (Economy of Israel). A major contributor to Israel’s economy is trade. The value of t he total exports as well as imports together equals to amount 59% of the total GDP (heritage.org). A â€Å"comparative advantage is an economic law referring to the ability ofShow MoreRelatedHistory of the Founding of Israel851 Words   |  3 PagesMay 14th, 1948 – Israel was born. Two hours later, the war for Palestine had begun. The next day, newly founded Israel was invaded by Arabs. Jerusalem became divided. It wasn’t until 1952 that Gamal Abdel Nasser was appointed president of Egypt and began a blockade of Israeli shipping through the Suez Canal, which Nasser had declared property of the Egyptian economy, upsetting the canal’s partial owners Britain and France. The two became angered and joined together with Israel in the common interestRead MoreModern Political History of Israel and Iran1435 Words   |  6 Pagesthe modern political history of Israel and Iran. Both countries are self-defined theological states (Israel as a Jewish state, Iran as an Islamic state). Although the impact of religion changes across time and context, religion has largely defined political identity for both Israel and Iran. Yet, modern states are host to many paradoxes. Religion is important in defining these states, however the workings of each country are not always religious in practice. The State of Israel was founded in 1948Read MoreEconomic History Of Israel And Saudi Arabia Essay3721 Words   |  15 PagesProfessor Hill Economics 191 20, March 2015 Economic History of Israel and Saudi Arabia Israel and Saudi Arabia are two countries in close proximity to each other, yet seem to be different in almost every metric. Saudi Arabia has a $744 Billion GDP, while Israel only $290 Billion (The World Bank), yet when breaking the GDP into GDP per capita, Saudi Arabia lags behind Israel at with a GDP per capita of $25, 961 whereas Israel is at $36,051. 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The state of Israel and its people are being attacked, and they need to be able to fight back. â€Å"Throughout history, the slanders against the Jewish peopleRead MoreThe Triumph Of Israel, By Etgar Keret s The Girl On The Fridge And Sayed Kashua S Third1706 Words   |  7 PagesIsrael is undoubtedly a country for the history books with its great conflicts, victories, atrocities, and deep necessity which makes it quite unique from any others and there are perhaps no better words to describe its history than with â€Å"tragedy† and â€Å"triumph.† After this semester, I feel that I have a pretty clear viewpoint on these ideas. 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This momentous decision would beRead MoreThe Jewish People Was Affected By The Holocaust During World War II1288 Words   |  6 Pagesties in with the study of the state of Israel because Israel has the right to be able to defend themselves against anything similar to the Holocaust from ever happening again, Jews are committing crimes against other nations in order to protect themselves, and the Jews were forced to move from most European countries to the state of Israel. The state of Israel and its people are being attacked, and they need to be able to fight back. â€Å"Throughout history, the slanders against the Jewish people

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