The Bahamas, the islands of the mainland and the northern and western coasts of the West Indies. Formerly a British colony, the Bahamas became an independent country within the Commonwealth in 1973.
The name Bahamas is derived from Lucayan Taino (Arawakan), though some historians believe it came from the Spanish bajamar, which means “shallow water.” The islands have the command to command a port to the Gulf of Mexico, the Caribbean Sea, and the entire Central American region. Their strategic location has given The Bahamas history a unique and often inviting character. This is where Christopher Columbus made his first fall in America. The subsequent fate of real peace-loving citizens remains one of the most painful aspects of the development of the whole region, while early European-led settlement efforts were marked by powerful, long-standing antitrust and dictatorial forces.
In terms of per capita GDP, the Bahamas is one of the richest countries in the United States. Its currency (the Bahamian dollar) is kept in a 1-to-1 punch with the US dollar. It was revealed in the Panama papers that the Bahamas is an administration that deals with companies or companies overseas.
The Bahamas rely heavily on tourism to produce most of its economic activity. Tourism as an industry not only accounts for about 50 percent of Bahamian GDP, but also provides employment for nearly half of the country’s workforce.
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