Before investors would decide to spend their money on building these industries Caribbean countries had to promise the investors certain incentives such as tax breaks, protection from foreign competition and the promise that they would not have to pay taxes on raw materials and equipment
There were some problems in the beginning of the development of the tourist industry in the Caribbean as the tourists were seen as the new colonial masters and blacks working in the touristindustry sometimes experienced prejudice as tourists were mostly white
They are famous for their scenicbeauty, warmclimate and whitesandy beaches as well as the warmth of the people
The historicaldiversity of the islands offers a wide variety of French, English and Spanish cultures which have been blendedin with African and Indiantraditions
Cruise shipping has become so important that in the late 1980's the government of Trinidad invested severalmilliondollars in building a cruise ship complex to facilitatetourists who vacation via cruises
Only in Jamaica (mining), Barbados, Puerto Rico (manufacturing) and Trinidad (petroleumproduction and refining) have the mining and manufacturing sectors managed to outstripgrowth in the agriculturalsector
Industries based on automobiles, radios, televisions, aluminium, steel, rubber, and plastics. They were called screwdriver industries because in these factories, the workers only puttogetherparts to make the finishedproduct
Bauxite is found primarily in tropicalareas where water has dissolved the solubleminerals from the soils, leaving a residue of insoluble aluminium oxide and iron
Bauxite was first found in Guyana in 1910. In 1916, the firstbauxite company was set up. called the Demerara Bauxite Company. In 1917, bauxite was exported from Guyana for the firsttime and soon after another company called the SurinameBauxiteCompany was set up
The growth in worlddemand for oil helped grow the oilindustry due to major developments in motor vehicle, aircraft and ship technology by WorldWarII (1939-1945) which caused an increase in the need for oilproducts
Trinidad and Tobago'soilproduction and export levels raisedhigheryearafteryear, in fact, Trinidadsupplied the British and Allied Forces with much of the fuel needed for WWII