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Essay Archive - The Greek Economy
The Greek Economy
The Greek economy depends a lot on agriculture. One quarter of the Greek
workforce is engaged in farming, and agriculture constitutes about 15% of the
domestic production. Not much attention has been drawn on the agricultural
sector of the economy. The farms are pretty small, the division of inheriting
land has reduced the average size to 3,4 hectares (8 acres) and it is really
difficult to use mechanised equipment efficiently. Yields are also low due to
the dryness and erosion of the soil. Let's take a look at the yearly output of
some major crops: tobacco 142000, wheat 2.6 million, tomato....
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