Week+3+Mission

= Economy =

With the money that is founded by the UN, the residence of Viva Island have come to conclusion that they will much rather that money is spent for building places that will be a source of income for them in the present. //__What will be built:__// -Schools -Hospitals -Stores (very few) -Police station These are mainly Government established services.

As a team we also thought that once the island is up and ready, we could start up a tourism company. This will allow us, as a settlement to earn money, and for us to show others the beauty of our island!

**How will we earn the money?** As mentioned above, the money that was funded to our settlement by the UN will be used in order to build schools, hospitals, stores (shops) and a police station. These establishments will allow the residence to work and earn money as an individual. Also as each settlement will be trading goods they will act as a type of money therefore once each settlement has started up and begin trades the economy will begin to start to take its shape.

**Is there going to be a trade between each settlements?** Each settlement has come to agreement on selling each other goods in order to maintain the process of money earning. As the economist of the team, I will be in charge of what is been sold and what is being purchased between each settlements. __ //Example:// __ Viva Island will be growing and trading cattle, sheep, chickens and goats. Theses are all worth a fair bit so when it comes to trading it will be important to ensure that we get our moneys worth.

**What do we need to import?** For our island we need to import items that will help us get started on building and making our island liveable. In order to do this we need to import live stock for survival reasons. For example we can breed chicken, cattles, sheep, and goats which can be used as food and also as clothes and/or blankets. The people of the Island also need shelter to live so we need to import goods and materials to be able to build. In our week two mission we mentioned we needed to purchase timber wood, metal poles and wiring to build our houses, vehicles and lines for communication. To purchase all these items we will be using the money that was funded to our island.

**How can we produce for exporting?** In order to be able to export out to other islands/cities we need to generate small farms that will grow a few things that will be useful to others. __//Goods that can be grown://__ Bananas, Coconuts, Papaya, Pineapples, etc.. Also once we trade food and materials between one another we have the opportunity to then begin growing them ourselves. For example if we trade a chicken for some goods to another settlement they may wish to either eat the chicken or use it for eggs and to have more and so on.

The agricultural scientists had a meeting to determine the optimum products that each settlement can be responsible for: which can be used as resources both for the island and exporting. It was decided that the Viva settlement was best suited to having livestock. The large open area around our settlement will be adequate to support this. We have decided that the best cattle to have are: Goats, sheep, chickens and pigs. These animals were selected as we believe they offer a wide variety of products and also have minimal environmental effects in comparison to other animals. It was also discussed that the livestock will need to be rotated around the settlement so it gives the land opportunity to replenish. Therefore our settlement will also have livestock as a product for exporting.

There are many factors that will need to be considered when introducing livestock into a new environment. We need to consider the ideal living conditions that the animals will need, the housing and bedding which may need to be imported eg: straw and hay, we also will need to develop some research around the impact the animals will have on the island natural resources and environment. This information will assist the settlement in introducing the most sustainable number of animals to cause minimal harm. The natural waste of the animals can be used to replenish and assist growth of any crops. Chicken pallets are especially useful for gardening and enhancing growth, this could be another benefit of certain animals on the Island.

(photos retrieved from __[]/)__
 * [[image:http://images.nationalgeographic.com/wpf/media-live/photos/000/144/cache/chicken-farm-animals-0375106_14440_600x450.jpg width="213" height="116"]] || [[image:http://images.nationalgeographic.com/wpf/media-live/photos/000/120/cache/goat-north-india_12096_990x742.jpg width="197" height="142"]] || [[image:http://images.nationalgeographic.com/wpf/media-live/photos/000/152/cache/pigs-farm-animal-0430955_15293_600x450.jpg width="222" height="154"]] || [[image:http://images.nationalgeographic.com/wpf/media-live/photos/000/154/cache/sheep-farm-animals-0475346_15455_600x450.jpg width="233" height="146"]] ||

**Other natural resources that might be exploited for economic benefit.** > **Cotton:**Cotton would be the most sustainable resource since it is grown in abundance on the Island already. Due to the great amounts of items thats use cotton in their productions this could be a good opportunity for the islands income benefit. We already know that the Australian cotton industry makes enourmous prophets from cotton generation and we believe that the Island may be able to benefit in similar ways. > **Oil:**Oil will also be a part of out natural exploit resources, oil is a very important product in many parts of the world. It is used for several things. > It is hard to get oil around if it will be exported around the island or to other places.


 * [[image:969pineapple-300x219.jpg width="120" height="86" align="left"]] || [[image:bananas_logo.jpg width="129" height="102"]] || [[image:July-HFood-Coconut-.jpg width="214" height="63" align="left"]] || [[image:papaya-clean-FD-lg-150x150.jpg width="104" height="113" align="right"]] ||

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