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The economy depends largely on financial assistance from the UK, which amounted to about $5 million in 1997 or almost one-half of annual budgetary revenues. The local population earns income from fishing, the raising of livestock, and sales of handicrafts. Because there are few jobs, 25% of the work force has left to seek employment on Ascension Island, on the Falklands, and in the UK.
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Construction, crafts (furniture, lacework, fancy woodwork), fishing.
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Corn, potatoes, vegetables; timber; fish, crawfish (on Tristan da Cunha).
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