The progress made by Israels economy is probably best indicated by the fact. that. despite the need to feed. clothe. and house 3 times as many people as lived there in th2 early days of Jewish statehood. and despite the rise in the standard of living of the old settlers. the adverse foreign trade gap increased by only 20 percent. rising from $224 million in 1949 to $273 million last year. Moreover. while exports paid for a mere 11 percent of the imports in 1949. they paid for more than onethird last year. We have been richly rewarded in the help we have extended to this small nation. We have watched Israel welcome about a million refugees of varying tongues and cultures. During its brief lifetime as a nation. Israel has opened Its doors to approximately 900.000 Jewish immigrants from displaced persons camps in Germany. Austria. Italy. countries in north Africa. and the Middle East. as well as other parts of the world.
Keywords matched
immigrants refugees