what are economic resources in egypt?

Answer 1

tourism, oil, etc.

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Answer 2

"Tourism and oil" is right as far as it goes, these are exports of Egypt. But "economic resources" means you can look at the "factors of production". Egypt has lots of labour available (it's a populous, youthful country) and most of them have some education. It has some productive land, already very intensively used, i.e. the Nile Valley and whatever else they are able to irrigate, and of course plenty of space (desert) for urban development. Apart from oil, its natural resources are its coasts (tourism potential, ports for access to world markets, esp Europe just across the Med.... and including the clarity and warmth of the Red Sea that make it good for diving) and heritage (people love to cruise the Nile and see the crocodiles as well as the Pyramids), and its water (little enough to need management but much more than Sandy Arabia or Libya). What about capital? Egypt has some infrastructure like roads and telecoms and health clinics, better than many African countries but not as good as most Mediterranean countries. Can businesses borrow money or do they have to go abroad for it? Again, better than many African countries but you'd be hard put to start a large business in Egypt on purely Egyptian capital, so the short answer is "some availability". Entrepreneurs? Does Egypt have a culture and education that encourages creativity and its application to business? Does it allow business to flourish or does it have business laws, licences and regulations that get in the way? Sometimes you need to talk about potential resources, ones that would be liberated by a change of government, e.g. the work ethic and trading enthusiam of many Poles that was not visible when Poland was Communist.

Answer 3

Tourism and oil

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