Even though very little of Lesotho is covered in water, the rivers that run across the country are an important part of Lesotho's economy.

Lesotho ’ s progress in moving from a predominantly subsistence-oriented economy to a lower middle income, diversified economy exporting natural resources and manufacturing goods has brought higher, more secure incomes to a significant portion of the population.

The global economic crisis hit the Lesotho economy hard through loss of textile exports and jobs in the sector due largely to the economic slowdown in the United States which is a major export destination, reduced diamond mining and exports, including weak prices for diamonds ; drop in SACU revenues due to the economic slowdown in the South African economy, and reduction in worker remittances due to weakening of the South African economy and contraction of the mining sector and related job losses in South Africa.

Traditional economy of the Basotho in Lesotho is based on rearing cattle.

While tourism is starting to contribute to the economy of Lesotho, and more people are moving permanently into Highlands there, seasonal migration still augments this trend.

-- liberal considers that the need for a national economy with controls that will assure his conception of social justice is so great that individual and local liberties as well as democratic processes may have to yield before it.

He knows that the economy of life in the `` outback '' is awful.

The field, then, is ripe for new Southerners to step to the fore and write of this twentieth-century phenomenon, the Southern Yankeefication: the new urban economy, the city-dweller, the pains of transition, the labor problems ; ;

William Styron, while facing the changing economy with a certain uneasy reluctance, insists he is not to be classified as a Southern writer and yet includes traditional Southern concepts in everything he publishes.

Lacking the pioneer spirit necessary to write of a new economy, these writers seem to be contenting themselves with an old one that is now as defunct as Confederate money.

The international economy of 1960 is markedly different from that of the early postwar years.

Like ours, the economy of the space merchants must constantly expand in order to survive, and, like ours, it is based on the principle of `` ever increasing everybody's work and profits in the circle of consumption ''.

What is wrong with advertising is not only that it is an `` outrage, an assault on people's mental privacy '' or that it is a major cause for a wasteful economy of abundance or that it contains a coercive tendency ( which is closer to the point ).

But it would greatly strengthen any Mayor's executive powers, remove the excuse in large degree that he is a captive of inaction in the Board of Estimate, increase his budget-making authority both as to expense and capital budgets, and vest in him the right to reorganize city departments in the interest of efficiency and economy.

It is this loss of initiative in how we conduct our economy which may lead to the loss of initiative in how we conduct our political affairs.

The purchase of compact ( economy ) cars is being made currently on a test basis.

The Merchant Marine is the `` Fourth Arm of Defense '', for a strong and effective American Merchant Marine is essential to the economy and security of our Nation.

While this may well be true in general, I believe it is also important to keep in mind that some recent developments suggest that over the next year or so military electronics may be one of the most strongly growing areas in an economy which is not expanding rapidly in other directions.

But make no mistake about it, the first reason people turn to camping is one of economy.

We should encourage the governments to develop their own technical assistance to communities, state and provincial governments, rural communities, and other smaller groups, making certain that no important segment of the economy is neglected.

It is difficult to see any powerful sources of strength on the horizon at this time which would give the economy a new upward thrust.

Accordingly, during the Sixties our national economy is likely to grow at as fast a rate as in the Fifties and, in the process, to require enormous amounts of capital funds.

And in the economy of the book it is not peripheral but central.

To see how important this economy is, let us suppose that there are M operating variables at each stage and that the state is specified by N variables ; ;

Following World War II, Alabama experienced growth as the economy of the state transitioned from one primarily based on agriculture to one with diversified interests.

The foreign relations of Angola are based on Angola's strong support of U. S. foreign policy as the Angolan economy is dependent on U. S. foreign aid.

Azerbaijan is an economy that has completed its post-Soviet transition into a major oil based economy ( with the completion of the Baku-Tbilisi-Ceyhan Pipeline ), from one where the state played the major role.

Until independence, Armenia's economy was based largely on industry — chemicals, electronic products, machinery, processed food, synthetic rubber and textiles ; it was highly dependent on outside resources.

It was founded between 650 and 625 BC by Gorgus, son of the Corinthian tyrant Cypselus, at which time its economy was based on farmlands, fishing, timber for shipbuilding, and the exportation of the produce of Epirus.

Their economy was based on farming, as well as hunting, fishing and gathering.

Under Amasis or Ahmose II, Egypt's agricultural based economy reached its zenith.

Prior to the 1950s, Alberta was a primarily agricultural economy, based on the export of wheat, beef, and a few other commodities.

The local economy is based upon tourism directed to the beaches of the Costa Blanca and particularly the second residence construction boom which started in the 1960s and reinvigorated again by the late 1990s.

Its economy is primarily based on the service sector, encompassing a diverse range of creative industries, media corporations, and convention venues.

The economy of Bhutan, one of the world's smallest and least developed, is based on agriculture and forestry, which provide the main livelihood for more than 60 % of the population.

Under the new communist system, privately owned factories and estates were nationalized, and the economy was based on a type of planned market socialism.

The economy of Crete is predominantly based on agriculture and is one of the few Greek islands that can support itself independently without a tourism industry.

The Songhai economy was based on a caste system.

Planned economies are in contrast to unplanned economies, i. e. the market economy and proposed self-managed economy, where production, distribution, pricing, and investment decisions are made by autonomous firms based upon their individual interests rather than upon a macroeconomic plan.

An economy based on economic planning ( either through the state, an association of worker cooperatives or another economic entity that has jurisdiction over the means of production ) appropriates its resources as needed, so that allocation comes in the form of internal transfers rather than market transactions involving the purchasing of assets by one government agency or firm by another.

While many socialist currents advocated economic planning as an eventual substitute for the market for factors of production, some define economic planning as being based on worker-self management, with production being carried out to directly satisfy human needs, and contrast this with the concept of a command economy of the Soviet Union, which they characterize as being based on a top-down bureaucratic administration of the economy in a similar fashion to a capitalist firm.

The economy of Ecuador is based mostly on exports of bananas, oil, shrimp, gold, other primary agricultural products and money transfers from nearly a million Ecuadorian emigrants employed abroad.

The economy of Ethiopia is based on agriculture, which accounts for half of gross domestic product ( GDP ), 43 % of exports, and 85 % of total employment.