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The Bahamas Researched via: http://wikipedia.org Student Name: Eric Holloman Date: 06/08/10 Where is Bahamas located? The Bahamas are located north of Cuba and south of Florida. Flag, Motto, Anthem: Motto- Forward, Upward, Onward Together Bahamian National Anthem "March On, Bahamaland History: 1492 Oct 12, (Old Style calendar; Oct. 21 New Style), Christopher Columbus sited land, an island of the Bahamas which he named San Salvador, but which was called Guanahan by the local Tain people. Seeking to establish profitable Asian trade routes by sailing west, Columbus seriously underestimated the size of the Earth--never dreaming that two great continents blocked his path to the east. Even after four voyages to America, Columbus believed until the end of his life in 1506 that he had discovered an isolated corner of Asia. 2009 Dec 17, In the Bahamas 2 US pilots were the only people aboard the small jet when it crashed in an unpopulated area of Great Inagua shortly after taking off from the Dominican Republic en route to Miami. The Jet Falcon was owned by a trust for which the San Francisco, California-based Wells Fargo company acts as trustee. Economy: The Bahamas is a stable, developing nation with an economy heavily dependent on tourism and offshore banking. Tourism alone accounts for more than 60% of GDP and directly or indirectly employs half of the archipelago's labor force. Steady growth in tourism receipts and a boom in construction of new hotels, resorts, and residences had led to solid GDP growth in recent years, but the slowdown in the US economy and the attacks of 11 September 2001 held back growth in these sectors in 2001-03. Financial services constitute the second-most important sector of the Bahamian economy, accounting for about 15% of GDP. However, since December 2000, when the government enacted new regulations on the financial sector, many international businesses have left The Bahamas. Manufacturing and agriculture together contribute approximately a tenth of GDP and show little growth, despite government incentives aimed at those sectors. Overall growth prospects in the short run rest heavily on the fortunes of the tourism sector, which depends on growth in the US, the source of more than 80% of the visitors. In addition to tourism and banking, the government supports the development of a "third pillar," e-commerce Famous people/role model: Wendy Coakley-Thompson, writer Tee Corinne, artist and gay right activist Jimmy Curry, producer and director Lenny Kravitz, musician Sidney Poitier, actor Al Roker, meteorologist and television personality Roxie Roker, actress Esther Rolle, actress Joanne Smith, model Persia White, actress and singer Kimbo Slice, Mixed Martial Arts fighter Tony McKay "Exuma the Obeah Man" Musician, Performer, Artist; Sir Sidney Poitier, Actor and Ambassador. Shakara Ledard, Super Model. What do you like the most about Bahamas? What I really like about the Bahamas is the famous people that came out of there