Question

Because Israel has few natural resources of its own, Israel must sustain its economy via trade. What has Israel pivoted to in an effort to grow the economy?

Answer 1

Israel has pivoted to focus on developing its high-tech sector, which has become a major driver of its economy. The country has become known as the "Start-Up Nation" due to its high concentration of tech start-up companies and innovation in areas such as cybersecurity, biotechnology, and clean energy. Israel has also fostered relationships with countries around the world to promote trade and investment in its high-tech sector. Additionally, Israel has a strong focus on research and development, with a high percentage of its GDP spent on innovation and technology.