s were developed and banks loaned money to farmers which they used for irrigation, dams and even tractors. This began the new era f technology for the economy of the country. Today, Thailand has on of the most stable economies in Southeast Asia, operating on free enterprise, which depends on rice and manufacturing.One of the major sources for its economic stability is the agriculture business. Majority of Thais are farmers who own their lands. Rice production takes up 25% of the total land area of the country. But, they do not rely solely on this. They also plant bananas, cassava, corn, cotton, jute, pineapples, soybeans, tobacco, and sugar. Thailand is also known as the 3rd largest producer of rubber for international market.But they are also involved in manufacturing of cement, food products, plywood and textiles, particularly silk. They also fish for anchovies, mackerel and shellfish but they also have their own fishponds. Aside from that, they also mine tin, lead, manganese, tungsten and iron ore. They also make use of their vast forests of teak and other hard trees. However, nowadays, one of Thailand’s highest contributors to their economy is tourism where about 4 million people visit its temples and beaches every year.GOVERNMENTThailand’s government is one of the most centralized and bureaucratic in the world. Though national acts have been passed to decentralize it and give autonomy to the local administration, it has not been successful because very little power is given to them. The country is divided into 72 provinces but is also subdivided into 576 districts more. Thailand’s political history is considered to be most colorful and amazing because it has changed its Constitution a dozen times since 1932. King Bhumibol signed the latest Constitution on October 1997. There have also been numerous changes in the government but with no bloodshed. However, nowadays, its form of government has rested on constitution...
