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Economy, Mining and Manufacturing

Copper, lead, zinc, manganese, iron, and lignite are Slovakia’s chief mineral products. However, the country’s mining industry has decreased in importance since the end of Communism, as many mines were found to be inefficient and unable to compete in the market economy.

Slovakia became industrialized in the latter half of the 20th century, under the Communist government. The Communists emphasized heavy industry, including the production of machinery and steel. Much of this was produced for military purposes, and Slovakia became the center of Czechoslovakia’s weapons industry.

Manufacturing is still one of the most important sectors of the Slovak economy. Ceramics, chemical products, machinery, petroleum products, steel, and textiles are among the chief manufactures; the production of processed food, such as beer and sheep’s cheese, is also important. Although the weapons industry declined with the collapse of Communism, it has been revived somewhat since Slovakia gained independence in 1993; military equipment produced in Slovakia is now primarily exported.

 

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