There are many places in the world which are in the domination of other countries. One such land who has been under the continuous dominance of China since historic times is Tibet. As a result of the same, the historic situation of Tibet is somewhat similar to China. Though the economic development in Tibet is comparatively slower in comparison to China, but it has shown progressive growth in the recent years. The economy of Tibet haws a domination of agriculture. Over the years Tibet has been the land of agriculture. Thus, the economic development of the place is mainly dominated by agriculture. Though in the recent times, Tibet has witnessed a significant growth in the economy due to the tertiary industries. In this essay we are going to have an overview of the growth activities which has been taking place in the Tibetan plateau. We would be describing the brief of the economic development in Tibet and will study the recent developments around the plateau.