Keyword Analysis & Research: economic growth rate kenya

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Frequently Asked Questions

What is the main economic activity of Kenya?

The economy of Kenya depends on the informal sector, which employs a majority of the working population. Agriculture is the main economic activity in the country. Most citizens are involved in agriculture for subsistence, local sale and export. Kenya exports coffee, tea, fruits and flowers.

What does Kenya's economy depend on?

Agriculture remains the backbone of the Kenyan economy, contributing one-third of GDP. About 75% of Kenya's population of roughly 48.5 million work at least part-time in the agricultural sector, including livestock and pastoral activities. Over 75% of agricultural output is from small-scale, rain-fed farming or livestock production.

What is the economy of Kenya like?

The Economy of Kenya is a market-based economy with a governmalized external trade system and a few state enterprises. Major industries include agriculture, forestry, fishing, mining, manufacturing, energy, tourism and financial services.

What are the advantages and disadvantages of economic growth?

Among the key advantages of economic growth are improved standards of living, increased employment and investment in cleaner technologies, while some of the major disadvantages are the risk of inflation, pollution and deforestation, traffic congestion and excessive household waste.

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