Egypt still holds some of the greatest mysteries of the world, even though it has been studied for hundreds of years. There are many unanswered questions about ancient Egyptian culture, but one cultural fact is as true today as it was in ancient times. The life of Egypt depends upon the Nile River and the hard labor of the Egyptian workers. Although slow to change from ancient ways, Egypt has begun to industrialize and this labor is used to tap natural resources. Taking this into consideration, there are many aspects of Egypt that need to be examined when doing an analysis so one can gain a better understanding of the country's culture.
To begin with, Egypt is located in Northern Africa, bordering the Mediterranean Sea, between Libya and the Gaza Strip. The country has a population of 69,536,644, a population growth rate of 1.69%, and a population density of 63 people per km2. Furthermore, it is important to know more about the people living in Egypt in order to gain a better understanding of the country as a whole. Of the total population, 51.4% are literate, 63.6% male and 38.8% female. Also, the unemployment rate is 11.5%. The official language is Arabic, and Muslim dominates in Egypt being the religion of 94% of people in this country. Now that Egypt's location and information regarding its inhabitants have been established, it is crucial to discuss the economic aspects of the country. .
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Egypt's major sources of revenue are the Suez Canal, tourism, labor remittances and petroleum. Manufacturing continues to be subjugated by the public sector, which runs practically all heavy production. However, a progression of public sector improvement and privatization has begun that could improve opportunities for the private sector. Agriculture has basically been deregulated, excluding the production of cotton and sugar.
Furthermore, manufacturing, domestic marketing, and non-financial services have all supported the continual increase of GNP and the yearly growth rate.
