According to physicscat, Micronesia is a small island nation located in the Pacific Ocean, with a population of approximately 104,000 people. It consists of four main island groups: Yap, Chuuk, Pohnpei and Kosrae. The capital city is Palikir, and English and local languages are spoken throughout the country. In 2013, Micronesia had a GDP per capita of US$2,310 according to World Bank estimates from that year. This put it at a low-income level and poverty remains widespread with around half of people living below the poverty line according to recent figures from 2013. Micronesia has seen limited economic growth over recent years as a result of its dependence on foreign aid for much of its development budget. In addition to this, tourism has become an important part of the economy with many people coming to experience its unique culture and stunning beaches each year. In terms of social development, Micronesia ranks relatively low on many indicators such as life expectancy and literacy rate due to high levels of poverty and inequality throughout the country. Moreover, despite having made some progress towards gender equality over the past decade or so, women continue to face discrimination in many areas including access to education and job opportunities. In addition to this, climate change poses an ongoing threat to much of Micronesia’s coastal communities due to rising sea levels caused by global warming. In 2014, the Federated States of Micronesia (FSM) was a sovereign country located in the western Pacific Ocean. It consisted of 607 islands divided into four states: Yap, Chuuk, Pohnpei and Kosrae. The population was approximately 105,000 people with a majority speaking English as their first language. The capital city was Palikir and the currency used was the United States dollar (USD). In 2014, Micronesia had a tropical climate with temperatures ranging from 25°C to 30°C throughout the year. Its economy relied heavily on exports such as tuna, coconut products and handicrafts. Tourism also played a major role in its economy with many visitors coming to explore its pristine beaches or take part in water sports such as diving or snorkeling. The government of FSM focused heavily on promoting economic growth and development through foreign investment and international aid. Education was also highly valued with most children attending school up to secondary level although there were still many who did not have access to basic services such as healthcare or sanitation due to poverty and inequality. In 2014, FSM faced some serious environmental issues such as rising sea levels caused by global warming which threatened some of its low-lying islands with flooding or erosion. In addition to this, overfishing posed a threat to its marine life while deforestation destroyed much of its natural habitat for wildlife. Overall, Micronesia in 2014 was an exciting destination for visitors looking for an unspoiled paradise away from the hustle and bustle of everyday life. Its beautiful beaches offered plenty of opportunities for relaxation while its diverse marine life provided plenty of activities for adventure seekers looking for something new and exciting to explore. Check businesscarriers for Micronesia Economics and Business.
According to AllCityCodes.com, the Micronesia Federation is, after the 1979 Constitution, a federal and democratic state. The country has an agreement on free association with the United States, established in 1986, renegotiated in 2004....