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Page "Economy of Honduras" ¶ 80
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Honduras and significantly
Most significantly, Honduras lacks abundant natural resources ; only land appears to be plentiful and readily exploitable.

Honduras and developed
The United States established a continuing military presence in Honduras with the purpose of supporting the Contra guerillas fighting the Nicaraguan government and also developed an air strip and a modern port in Honduras.
Despite these tax increases, compared to developed countries, Honduras has low tax rates with particularly low property taxes.
In the late 1980s and early 1990s, however, the CGT leadership developed close ties to the National Party of Honduras ( Partido Nacional de Honduaras — PNH ), and several leaders served in the Callejas government.
Developing countries like India, China, Vietnam, Bangladesh and Honduras encourage the outsourcing of work from the developed world to factories within their borders in order to provide employment for their people and profits to their employers.
A northwestward-moving tropical disturbance through the Caribbean Sea developed into a tropical depression on September 24 north of Honduras.
In 2004, members and staff of ACORN created ACORN International which has since developed organization and campaigns in Peru, India, Canada, Kenya, Argentina, the Dominican Republic, Mexico, Honduras, the Czech Republic, and elsewhere.
Additional trial and specimen banknotes were developed for Honduras, Ecuador and El Salvador.
* Goldfinger banana, a banana cultivar developed in Honduras
It has become one of the most developed cities in southern Honduras.

Honduras and its
During these months, air flowing from the Caribbean has lost most of its precipitation while passing over the mountains in Honduras.
Columbus named the country Honduras (" Depths ") for the deep waters off its coast.
Soon, social and economic differences between Honduras and its regional neighbors exacerbated harsh partisan strife among Central American leaders and brought the collapse of the Federation from 1838 to 1839.
" The present-day National Party of Honduras ( Partido Nacional de Honduras — PNH ) traces its origins to his administration.
The long-fragmented conservatives had reunited in the form of the National Party of Honduras ( Partido Nacional de Honduras — PNH ), which ran as its candidate General Tiburcio Carías Andino, the governor of the department of Cortés.
During the governments of General Juan Alberto Melgar ( 1975 – 78 ) and General Policarpo Paz ( 1978 – 82 ), Honduras built most of its physical infrastructure and electricity and terrestrial telecommunications systems, both of which are state monopolies.
Honduras controls a number of islands as part of its offshore territories.
The economy of Honduras is based mostly on agriculture, which accounted for 22 % of its gross domestic product ( GDP ) in 1999.
In July 2000, Honduras reached its decision point under the Heavily Indebted Poor Countries Initiative ( HIPC ), qualifying the country for interim multilateral debt relief.
After Honduras achieved independence from Spain in the early 19th century, its economic growth became closely related to its ability to develop attractive export products.
Because of the greater size and relative efficiency of the Salvadoran and Guatemalan industrial sectors, however, Honduras bought far more manufactured products from its neighbors than it sold to them.
As Honduras entered the 1990s, it did have some factors working in its favor — relative peace and a stronger civilian government with less military interference in the politics and economy of the country than in past years.
With one of the most strikeprone labor forces in Central America, debt-burdened and aging industrial assets, and a dramatically underdeveloped infrastructure, Honduras, however, has distinct economic disadvantages relative to its Central American and Caribbean neighbors, who compete with Honduras in the same export markets.
The economy had deteriorated rapidly, starting in 1989, as the United States Agency for International Development ( AID ) pointedly interrupted disbursements of its grants to Honduras to signal displeasure with the economic policies of the old government and to push the new government to make economic reforms.
Overall unemployment has been exacerbated by an influx of refugees from the wars in neighboring countries, attracted to Honduras, ironically, by its relatively low population density and relative peace.
Honduras, in fact, consistently produced more than its international quota until growers began to withhold the crop in the 1980s in an attempt to stimulate higher prices.
Analysts also note, however, that Honduras is at a distinct disadvantage relative to its Central American neighbors because of its poor transportation system.
Honduras continued to lose about 3. 6 percent of its remaining forests annually during the 1980s and early 1990s.
The New York and Honduras Rosario Mining Company ( NYHRMC ) produced US $ 60 million worth of gold and silver between 1882 and 1954 before discontinuing most of its operations.

Honduras and industry
In Honduras, these reforms contributed to the resurgence of the mining industry in the 1730s.
In 1899, the banana industry in Honduras was growing rapidly and the peaceful transfer of power from Policarpo Bonilla to General Terencio Sierra would mark the first time in decades that such a constitutional transition had taken place.
The development of the banana industry contributed to the beginnings of organized labor movements in Honduras and to the first major strikes in the nation's history.
In Honduras, estimates range from 1, 500 to 4, 000 males in the industry.
Later companies, the Standard Fruit and United Fruit Companies became the foundation for modern-day fruit companies, the industry which gave Honduras the sobriquet " banana republic ".
This fish may also be found in Honduras and the rest of Central America where it plays a great role in the fishing industry.
The company brought in many laborers for the railroad and then for the banana industry as it expanded its production in Honduras.
Category: Companies of Honduras by industry
With the nationalization of the Cuban tobacco industry along with other businesses after the Cuban Revolution, many cigar makers fled the island and began growing tobacco in the Dominican Republic, Honduras, and Nicaragua, taking the brand names of their cigars with them.

Honduras and during
* The flag of Argentina, created by Manuel Belgrano during the war of independence, was the inspiration for the United Provinces of Central America's flag, which in turn was the origin for the flags of Guatemala, Honduras, El Salvador, and Nicaragua.
Events during the 1980s in El Salvador and Nicaragua led Honduras — with US assistance — to expand its armed forces considerably, laying particular emphasis on its air force, which came to include a squadron of US-provided F-5s.
Battalion members received training and support from the United States Central Intelligence Agency both in Honduras and at U. S. military bases and in Chile during the presidency of the dictator Augusto Pinochet.
Amnesty International estimated that at least 184 people were " disappeared " during from 1980 to 1992 in Honduras, most likely by the Honduran military.
Honduras held the 6-month SICA presidency during the second half of 1998.
* 1502 – Christopher Columbus lands at Guanaja in the Bay Islands off the coast of Honduras during his fourth voyage.
Honduras lost 100 combat troops, and over 2, 000 civilians were killed during the four days, since most of the war was fought on Honduran soil.
Bentonville is home to a significant large Hispanic immigrant community, consisting of Mexicans and nationalities from Central America such as El Salvador and Honduras, came to find blue-collar jobs in the area's booming economy during the 1990s and 2000s.
This was a plan intended to promote democracy and peace on the Central American isthmus during a time of great turmoil: leftist guerrillas were fighting against the governments in El Salvador and Guatemala, which were backed by the United States under the auspices of the Cold War ; the Contras, supported by the United States, were fighting an insurgency against the Sandinista government in Nicaragua ; Honduras, only recently wresting political power from its military, was caught in the middle as a base for U. S. military forces ; and on Costa Rica's other border, Panama faced the oppression of Manuel Noriega's military dictatorship.
This church is one of the biggest churches built during the colonial era in Honduras.
This code was integrally adopted by Ecuador in 1858 ; El Salvador in 1859 ; Venezuela in 1862 ( only during that year ); Nicaragua in 1867 ; Honduras in 1880 ( until 1899, and again since 1906 ); Colombia in 1887 ; and Panama ( after its separation from Colombia in 1903 ).
Francisco Morazán (: ; October 3, 1792 – September 15, 1842 ) was born in Honduras and was the first Central American president and united Central America in different periods of time from 1827 to 1842 during turbulent times after its Independence from Spain.
José Francisco Morazán Quezada was born on October 3, 1792, in Tegucigalpa ( then in the Captaincy General of Guatemala, now the capital of Honduras ) during the waning years of Spanish colonial rule to Eusebio Morazán Alemán and Guadalupe Quezada Borjas, both members of an upper-class Creole family dedicated to trade and agriculture.
This village belonged to the former province of Tegucigalpa ( now Honduras ), during the Spanish domination.
* Roberto Valenzuela Simons – Former Mayor of Puerto Cortés, former General Manager of Empresa Nacional Portuaria ( Honduras National Port Authority ), he went into exile to Mexico during military governments.
The scale of the carnage in Honduras was limited to less than 300 ' disappearances ' during the five years of the Negroponte and Binns ambassadorships as compared with 75, 000 lost lives as a result of government and ' death squad ' repression in El Salvador, notwithstanding that Honduras was involved in a low-level civil war punctuated at times by invasions of its territory
The flag of Belize is a continued version of the earlier flag of British Honduras ( the name of Belize during the British colonial period ).
On June 30, it was announced by the Honduran Security Ministry that el Shukrijumah had been in Honduras during the previous month meeting with members of the Mara Salvatrucha street gang.
In 1797 they were deported by the English for their role in supporting France during the French Revolutionary Wars to the island of Roatan off the coast of Honduras.
The Spanish were unable to conquer this region during the sixteenth century and as a result much of the Caribbean coast of Nicaragua and northeastern Honduras was outside any Spanish authority.
Many settlers were weakened on their short sea voyage and many of them later died in hospitals in British Honduras ; 180 of the 270 would-be settlers had perished during the ordeal.
IRI was involved in Haiti prior to the 2004 Haitian coup d ' état, in Honduras following the 2009 Coup d ' état, attempting to normalize and legitimize it, organized conservative political parties in Poland, and has been involved in political activities in Egypt during the Arab Spring.

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