How do people make money in Laos?
Agriculture, mostly subsistence rice farming, dominates the economy, employing an estimated 85% of the population and producing 51% of GDP. Domestic savings are low, forcing Laos to rely heavily on foreign assistance and concessional loans as investment sources for economic development.
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Why is Laos so poor?
Like many of its Southeast Asian neighbors, European colonial rule and a disturbing lack of freedom makes Laos poor. Laos was a colony of France until 1953, and since then has struggled to establish a stable and free system of government.
Is Laos more expensive than Thailand?
By figuring out which country is more expensive, you’ll understand where you’ll get more bang for your buck. A week in Laos can cost you about $184 (per person), while a week in Thailand may cost you around $680. These differences become even more noticable if you plan to spend a longer time in the country.
How can I make $100 a day?
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