Malta Protectorate the late 18th century, while Malta was still under the Knights, the Prince of Lampedusa had let the island to Salvatore Gatt, a Maltese entrepreneur, who settled on the island with a few Maltese workers. The British considered taking over Lampedusa as a naval base instead of Malta, but the idea was dropped as the island did not have deep harbours and was not well developed. Despite this, the authorities in Malta and the British government still attempted to take over the island as they believed that it could be used to supply Malta with food in case Sicily fell
Malta (island) which brought additional benefits to the island. Towards the end of the 19th century the economy began declining, and by the 1940s Malta's economy was in serious crisis. One factor was the longer range of newer merchant ships that required less frequent refuelling stops. The economy was boosted again after World War II when the island needed to be rebuilt. Currently, Malta's major resources are limestone, a favourable geographic location and a productive labour force. Malta produces only about 20% of its food needs, has limited freshwater supplies because of the drought in the summer and has no domestic energy