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Costa Rica EconomyToday the Costa Rica economy is being transformed from it’s long-time dependence on coffee and bananas to microprocessor production and high-tech telecommunications. Costa Rica is becoming the Silicon Valley of Latin America. 
Throughout history the economy of Costa Rica came primarily from the export of agricultural products, most importantly coffee and bananas. In the 1990’s tourism also became a key economic driver. During the last two decades the industrial sector has grown rapidly and exports began to include pharmaceutical products, textiles and manufactured goods. The costa Rica currency is becoming stronger than it has ever been. Now Costa Rica is establishing itself as an information based economy. The number one export last year from Costa Rica was Intel microchips. The Costa Rican government’s stated goal has been to entice high-tech corporations to take advantage of their highly educated workforce the result of a strong education system. And it’s working…... companies such as Intel, Acer, Microsoft, GE and Abott Laboratories have made sizable investments and located major production and distribution facilities in Costa Rica. Western Union selected Costa Rica for its Latin American regional operations center. There are currently several American companies in Costa Rica today. And major companies such as WalMart are making major investments here. Costa Rica’s environmentalism and protection of it’s unique climates zones has also promoted a significant growth in eco-tourism within the country. The Costa Rican economy continues its transformation from an agricultural to an industrial base and is now moving into the information age. Find out more information on all the development happening in this country.
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