Saturday, May 11, 2024

Israel

The State of Israel was founded in 1948 on land that was owned by England. On May 18, 1945 England left the area and agreed that two states would take over the territory, one Jewish and one Palestinian. Israel declared itself an independent state and President Truman became the first world leader to recognize Israel as an independent state. The population at the time was 800,000 and today it is 10 million having absorbed over 3 million immigrants. Israel is a free market economy with powerful modern military. It contains a modern infrastructure with a tech sector rivaling Silicon Valley. It has the second largest number of startup companies trailing only the United State. It is rated the forth most successful economy in the world with a per capita GDP of $58,000. This country was built in an area that had remained poor and desert like for thousands of years. The other Arab countries in the region were nomadic desert tribes and only became modern when British and American engineers came and developed the oil industry. The Arab countries surrounding Israel to this day have per capita GDP of $3,000. This growth is an achievement worth noting and is the result of a free democratic society using free market principals. Israel is the only democracy in the Middle East. Jews attribute their success to the work ethic and a strong belief in education and the guiding hand of God. A

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