Danang Wirahadi Nugroho/ 0911000145/ SA30 022/ Group : B/ Wednesday, 1 February 2012/ Mr. Septo/ Reading Comprehension. Source:/www.articlesbase.

.com/Indonesian Economy

INDONESIAN ECONOMY Indonesia went through considerable transformations since the 1980s in order to encourage economic growth. Domestic and foreign private investment financed most of the growth. Indonesia's oil sector and mining activity was taken over by investors from the United States of America, along with others: UK, the Netherlands, South Korea, Singapore, Japan and Taiwan. Private financing was unavoidable and it posed difficulties during this economic crisis. The main activity in Indonesia is agriculture: animal raising, forestry and fishing. It creates jobs and output. In 2001, agriculture accounted for 17 percent of the country's GDP. Almost 80 million acres are cultivated, most of this land being in Java. Farmers grow rice, fruit, vegetables, tobacco, palm oil, coffee and tea, rubber, hard fiver, cinchona, cocoa and sugar. Over the last thirty years, Indonesia has been exploiting its rich mineral resources: nickel, coal, bauxite, gold, silver and tin. Mineral and petroleum rights are owned by the state. The manufacturing sector began to develop in the 80s: fertilizers, cement, iron, paper products, wood, leather, textile, food, tobacco, rubber products, transport and machinery. In 2004, Indonesia had a rapid economic growth of about 5.1% and the GDP per capita had the levels it had before the crisis. Bureaucratic restrictions, corruption and the low foreign investment levels are steps back in Indonesia's growth. The government plays an important role in the country's marketbased economy, owning over one hundred and sixty four enterprises. It also manages the prices for some of the basic goods like rice, electricity and fuel. Indonesia is the fifteenth largest oil producing country in the world, covering 2.4% of the entire production on the globe. It is the only Asian member of the OPEC - Organization of Petroleum Exporting Countries. Mineral and oil rights are owned by the state. During the 1997 crisis, the state overtook a big part of the private sector, acquiring non-performing bank loans. The rough economic crisis extended to the political domain, as it caused President Suharto to fall. The national debt grew and poverty was more spread than ever. On December 26, Indonesia was hit by a tsunami that produced damages of about $4.5 billion, as stated by the ADB and World Bank. Land was no longer suited for agriculture and the ecosystems were damaged. The gas and oil sectors have not been affected, so they were able to bring of Aceh's GDP.

Danang Wirahadi Nugroho/ 0911000145/ SA30 022/ Group : B/ Wednesday, 1 February 2012/ Mr. Septo/ Reading Comprehension. Source:/www.articlesbase.com/Indonesian Economy

Reading Comprehension.

1. What is the main idea of this articles ? a. Indonesia went through considerable transformations since the 1980s in order to encourage economic growth. b. Domestic and foreign private investment financed most of the growth. Indonesia's oil sector and mining activity was taken over by investors from the United States of America, along with others: UK, the Netherlands, South Korea, Singapore, Japan and Taiwan. c. Private financing was unavoidable and it posed difficulties during this economic crisis. 2. What a. b. c. 3. What a. b. c. is The main activity in Indonesia ? Technology, Science, Robotic. animal raising, forestry and fishing. Sports, Culture, Heritage. is Indonesia Exploiting in over last in thirty years ? Stone, Soil, Water. Rice, Food, Vegetables. nickel, coal, bauxite, gold, silver and tin.

4. How the indonesia rapid economic growth of about ? a. 5.1% b. 4,2% c. 6,3% 5. When a. b. c. Indonesia Hit by Tsunami ? On January 25 On December 26 On March 23

6. How damages about Tsunami ? a. $ 5.0 Billion b. $ 2.5 Billion c. $ 4.5 Billion 7. When a. b. c. the Indonesia had a rapid economic growth ? 2004 2005 2006

8. What is Indonesian Farmer Has growth In 2001 ? a. Potato, Corn, Fish b. Rice, Fruit, Vegetables c. Chicken, Cow, Sheep 9. Who is the Indonesian Investors ? a. Zimbabwe b. United States Of America

Danang Wirahadi Nugroho/ 0911000145/ SA30 022/ Group : B/ Wednesday, 1 February 2012/ Mr. Septo/ Reading Comprehension. Source:/www.articlesbase.com/Indonesian Economy

c. Malaysia

10. What causing Indonesia Crisis ?

a. The national debt grew and poverty was more spread than ever. b. The government plays an important role in the country's marketbased economy c. The rough economic crisis extended to the political domain, as it caused President Suharto to fall. is the synonim of transformations in paragraph one ? Changed Reformed Revolution is the synonim of exploiting in paragraph three ? Importing Searching Exporting is the word It in paragraph two refers to ? Germany Austria Indonesia

11. What a. b. c. 12. What a. b. c. 13. What a. b. c.

14. What is the word They in paragraph six refers to ?

a. ADB and World Bank. b. Bank of America. c. Bank of Scotland.

15.What a. b. c.

is the word It in paragraph five refers to ? Malaysia Indonesia Singapore

Answers; 1. a. Indonesia went through considerable transformations since the 1980s in order to encourage economic growth. 2. b. animal raising, forestry and fishing.

Danang Wirahadi Nugroho/ 0911000145/ SA30 022/ Group : B/ Wednesday, 1 February 2012/ Mr. Septo/ Reading Comprehension. Source:/www.articlesbase.com/Indonesian Economy

3. c. nickel, coal, bauxite, gold, silver and tin. 4. a. 5.1% 5. b. On December 26 6. c. $ 4.5 Billion 7. a. 2004 8. b. Rice, Fruit, Vegetables 9. b. Indonesia

10. c. The rough economic crisis extended to the political domain, as it caused President Suharto to fall. 11. a. Changed 12. b. Searching 13. c. Indonesia 14. a. ADB and World Bank 15. b. Indonesia