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As a result, a rural Jewish agrarian sector emerged that included two unique forms of farming communities, the kibbutz and the moshav. Agriculture, forestry, and fishing SerializationbinderĮarly Israeli society was strongly committed to expanding and intensifying agriculture. A second reactor, built in the Negev with French help, is used for military weapons research. A small atomic reactor for nuclear research was constructed with American assistance south of Tel Aviv. The Israel Atomic Energy Commission was established in 1952 and has undertaken a comprehensive survey of the country's natural resources and trained scientific and technical personnel. The government has encouraged intensive rural electrification and has provided electricity for agriculture and industry at favourable rates. The power industry is nationalized, and electricity is generated principally from coal- and oil-burning thermal stations. The country also has reserves of natural gas in the northern Negev northeast of Beersheba and offshore in the Mediterranean. Israel began limited petroleum exploitation in the 1950s, and small oil deposits have been found in the northern Negev and south of Tel Aviv. Copper ore is located in the ʿArava, phosphates and small amounts of gypsum in the Negev, and some marble in Galilee.
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Mineral resources include potash, bromine, and magnesium, the last two deriving from the waters of the Dead Sea. The Manufacturers' Association of Israel and the Farmers' Union represent a large number of the country's employers.
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Since 1960 Arab workers have been admitted to the organization with full membership rights. It once was also one of the largest employers in Israel and owner or joint owner of a wide range of industries, but by the mid-1990s it had sold most of its holdings to private investors. The General Federation of Labour in Israel (Histadrut) is the largest labour union and voluntary organization in the country. We provide in-depth coverage of trending topics, stories, interviews from all across the.
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Arutz Sheva –Check-out thelatest news from Israel, Middle East, US, Canada, Europe and Jewish Diaspora. Israel (/ ˈ ɪ z r i ə l, ˈ ɪ z r eɪ ə l / Hebrew: יִשְׂרָאֵל Arabic: إِسْرَائِيل ), officially known as the State of Israel (Hebrew: מְדִינַת יִשְׂרָאֵל , Medinat Yisra'el), is a country in Western Asia, located on the southeastern shore of the Mediterranean Sea and the northern shore of the Red Sea. Taxation approaches two-fifths of the value of GNP and is about one-fourth of average household income. Tax reforms in 1985 included a new corporate tax levied on previously untaxed business sectors while slightly reducing direct taxes on individuals. The government has gradually raised the proportion of indirect taxes since the late 1950s. Tax rates in Israel are among the highest in the world, with income, value-added, customs and excise, land, and luxury taxes being the main sources of revenue. The private, governmental, and, to a limited extent, cooperative sectors all coexist in an economy that supports both the broad objectives of state policy and individual enterprise. Government policy dating from the late 1970s, however, has been directed toward privatization. Large influxes of capital have passed through government channels and public organizations and enlarged that sector of the economy that engages in enterprises between the government and private concerns. Israeli Arabs are generally at the lower rungs of the economic ladder, and there are substantial economic divisions among Israeli Jews, mainly between the Sephardim and Ashkenazim. However, this economic progress has not been uniform. Despite these obstacles, Israel has achieved a high standard of living for most of its residents, the growth of substantial industrial export and tourism sectors, and world-class excellence in advanced technologies and science-based industry. Israel has made progress toward these goals under difficult conditions, such as a rapid population increase, a boycott by Arab countries (except Egypt from 1979, Jordan from 1994, and the United Arab Emirates and Bahrain from 2020), heavy expenditure on defense, a scarcity of natural resources, high rates of inflation, and a small domestic market that limits the economic savings of mass production. The goals of Israel's economic policy are continued growth and the further integration of the country's economy into world markets.