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Tanzania History & Culture | Economics

Economics and FarmingTanzania relies heavily on agriculture which accounts for almost half of the GDP, providing 85% of exports and employing 80% of the population. Topography and climate limits cultivation to only 4% of the land. Increased industrial growth, mining expansion, and banking reforms have helped increase private sector growth. Nonetheless, the average yearly income for farmers is $500—an amount that does not cover school fees tuition for one year at an ELCT secondary school.

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