Bahamas, The Commonwealth of The

Bahamas, The Commonwealth of The
A country in the Caribbean, consisting of a group of islands in the western Atlantic Ocean, set between Florida and Hispaniola.

Physical.

Of the 700 mainly coral islands some thirty are large enough to live on, the largest being the Grand Bahama and New Providence islands.

Economy.

Tourism makes a large contribution to the economy, while exports are dominated by petroleum products, refined from imported crude oil. A favourable system of taxation has led to the Bahamas becoming an important financial centre. There is some industry, and shipping has expanded since free-flag status was established in 1976 .

History.

The earliest known inhabitants of the Bahamas were Arawak Indians. According to most historians, Guanahani was the site of Columbus's first landing in the Americas in 1492 . The Spanish subsequently raided the islands, attacking and enslaving...

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