It is the largest and oldest Danish settlement on the island. It was founded in 1721.Other settlements include Julianhb (Qaqotorq), Frederekshb and Narsaq on the southern coast. With Thule on the northwestern coast, and Ammassalik on the eastern coast.Greenland’s dependency status is very reliable on Denmark. It has a self – governing overseas administrative division of Denmark since 1979. The national holiday is the birthday of the Queen, April 16, 1940.Its legal system is Danish, and the chief of state is Queen Margarethe 2 of Denmark (represented by High Commissioner Gunnar Martens. The head of government is the Prime Minister Jonathan Motzfieldt (elected by Parliament).The legislative branch includes unicameral Parliament or Landsting. (31 members are elected by popular vote on the basis of proportional representation to serve 4-year terms.)The Judicial Branch includes the High Court or Landsret. The flag has two equal horizontal bands of white (top) with a large disk slightly to the hoist side of anter – the top half of the disk is red and the bottom is white. Greenland had suffered negative economic growth in the early 1990s, since 1993 economy has improved. Since 1990 Greenland has registered a foreign trade deficit following the closure of the last remaining lead and zinc mines in 1989. Greenland is critically dependent in fishing and fishing exports. Their export partners and their percentages are Denmark 89%, Japan 5%, and United Kingdom 5%. Their exports include 95% fish and fishing products.About half of the government revenues come from grants from the Danish government. The labor force is about 24,500. Their agriculture products are forage crops, garden vegetables, sheep and fish.The profit for their imports is 421,000,000. Their imports consist of machinery and transport equipment 25%, manufactured goods 8%, food and live animals 11%, petroleum products 6%. Their import partners are Denmark...
