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Farmers faced Native American raids, poor growing conditions, droughts, disease, insects, and anything that would give farmers a hard time now. Farmers had to pay higher prices for transportation which caused less profit - crops prices fell which also caused less profit. The government issued greenbacks then retired them, causing an increase in the value of money in the circulation.
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n rural highways in Bhutan, trucks hauling huge pine logs rush past women bowed beneath bundles of firewood strapped to their backs. In the capital of Thimphu, teenagers in jeans and hooded sweat shirts hang out smoking cigarettes in a downtown square, while less than a mile away, other adolescents perform a sacred Buddhist act of devotion. Archery, the national sport, remains a fervent pursuit, but American fiberglass bows have increasingly replaced those made of traditional bamboo. While it seems that every fast-flowing stream has been harnessed to turn a prayer drum inside a shrine, on large rivers, hydroelectric projects generate electricity for sale to India, accounting for almost half the country's gross national product.
A tiny nation of 700,000 people positioned uneasily between two giants—India to the south and China to the north—Bhutan was almost as isolated as the mythical realm of Shangri-La, to which it is still compared, until the early 1960s, when the first highway was constructed. Now in a sequence of carefully calibrated moves, the last independent Himalayan Buddhist kingdom has opened itself to the outside world, building better roads, mandating instruction in English for schoolchildren, establishing a television network and introducing Internet service. This month, citizens will conclude voting for a two-house parliament that will turn the country from a traditional monarchy into a constitutional one. The elections were mandated by the fourth king, Jigme Singye Wangchuck, before he abdicated in favor of his then 26-year-old son, Jigme Khesar Namgyel Wangchuck, at the end of 2006. Two political parties scrambled into existence after the decree.
B establishing a national banking system.
