United States Minor Outlying Islands Economic information

The United States Minor Outlying Islands is a territory of the United States. The main islands are American Samoa, Guam, Northern Mariana Islands, Palau, Marshall Islands and the Federation of Micronesia. The economies of these islands are generally based on tourism, agriculture, fishing and the service sector. Tourism is an important source of income for many islands. The natural beauty, beaches and diving spots of these islands make them attractive for tourists. Agriculture is also an important economic activity. Some islands grow agricultural products, especially tropical fruits, vegetables and coconuts. Additionally, fishing is also an important industry. The waters of these islands provide a rich habitat for a variety of fish species. The service sector also plays an important role in the economy of these islands. Since some of the islands are part of the United States, they host federal government facilities and military bases. This contributes to the local economy. On the other hand, the economies of these islands are small-scale and have limited resources. Therefore, foreign aid and funding from the United States federal government also provide significant support for economic development. As a result, the economies of the United States Minor Outlying Islands are based on tourism, agriculture, fishing, and the service sector. The economic development of these islands is achieved through the use of local resources and support from the federal government, as well as foreign aid.

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