 Nicaragua
is a representative democratic republic and it is the
second poorest country in the Western Hemisphere. With
an area of 130,000 square kilometers, Nicaragua is
Central America’s largest country. It has the Caribbean
Ocean on its east and the Pacific Ocean on its west.
Managua is its capital city where about 20% of the
nation’s population resides. About twenty percent of
this nation has been made biological reserves, nature
reserves and national parks. This country is basically
dependent on agriculture and this sector makes up more
than half of Nicaragua total exports. The agricultural
exports yield about three hundred million dollars every
year.
After agriculture, tourism is the other sector that is
earning revenue for the country. It has been reported
that the tourism industry of the country has increased
by 70% in the last seven years or so.
The growth and
development of the tourism industry in Nicaragua has
positively influenced the other industries in the
country such as the finance industry, the commercial
industry and the agricultural industry.
Most of the
tourists who visit the country are from the United
States. It has been reported that about sixty thousand
tourists visit Nicaragua from the U.S each year and most
of them are tourists or business people.
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