describe the economical aspects of the island?
The island has a unique social and economic structure in which all resident families farm and all land is communally owned. Outsiders are prohibited from buying land or settling on Tristan. Besides subsistence agriculture, major industries are commercial fishing and government.
Tristan da Cunha
The island has a unique social and economic structure in which all resident families farm and all land is communally owned. Outsiders are prohibited from buying land or settling on Tristan. Besides subsistence agriculture, major industries are commercial fishing and government.
where is the most isolated island on earth Tristan da Cunha, is in the south Atlantic Ocean, lying approximately off the coast of Cape Town in South Africa, from Saint Helena and off the coast of the Falkland Islands. who discovered it? A Portuguese explorer, Tristão da Cunha. who was th explorer? He was a naval commander who served as ambassador from King Manuel I of Portugal to Pope Leo X, leading a luxurious embassy presenting in Rome the new conquests of Portugal. He later became a member of the Portuguese privy council.
wiki:19592004
Tristan da Cunha [SEP] Economy
The island has a unique social and economic structure in which all resident families farm and all land is communally owned. Outsiders are prohibited from buying land or settling on Tristan. Besides subsistence agriculture, major industries are commercial fishing and government. Major export industries are the Tristan rock lobster ("Jasus") fishery, the sale of the island's postage stamps and coins, and limited tourism. Like most British Overseas Territories, it was never a part of the European Union, but was a member of the EU's Overseas Countries and Territories Association. The Bank of Saint Helena was established on Saint Helena and Ascension Island in 2004.