Friday, February 7, 2014

GERMANY AND IT’S ECONOMY #1

            Germany is and has been for many years on the top of the list for the country with the most succeeding economy in the world. Because its large profits off of its agriculture, large labor force, imports ,and exports, Germany has experienced progress and development within the economy.
             Although recently fertility rate from the Agriculture has dropped, 1.6 percent of Germany's labor force depends on the profit made by their potatoes, wheat, barley, beets, sugar, fruits, cabbage, poultry, farm animals, and more. Most of the working force in Germany work in industries and services. In 2006-2007 Germany faced a crisis of falling unemployment, reducing work hours, of the government services.  It was as time of recession as severe as it was during the second World War.  Regardless of the bad times Germany faced economically in the past it is still a country considered as a main exporter. Germany  exports products such as famous vehicles, chemicals, household equipment’s, and machinery  which are known to be beneficial. It is easy to economically prosper for Germany when it comes to their export system since their technology is really advanced and up to date with what the modern target is interested in.  However, Germany doesn't only send their products out to other countries. Germany  receives tons of dollars worth of  products such as pharmaceuticals from their partnering countries  like Netherlands.
                Germany is one of the few counties who has gone from extreme crisis to being top five, leading, economically. The countries economy slightly resembles that of the United States. 

1 comment:

  1. Well writtten and very informative, I enjoyed reading this.

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