German Economy
By: Tasha • Essay • 282 Words • May 1, 2010 • 1,040 Views
German Economy
Location: Eastern Europe- "bordered to the north by the North Sea, Denmark, and the Baltic Sea, to the east by Poland and the Czech Republic, to the south by Austria and Switzerland, and to the west by France, Luxembourg, Belgium and the Netherlands."
Population: 82,431,390
Population Density: 231 (per sq km)
Natural Resources: coal, lignite, natural gas, iron ore, copper, nickel, uranium, potash, salt, construction materials, timber, arable land
Major Industries: among the world's largest and most technologically advanced producers of iron, steel, coal, cement, chemicals, machinery, vehicles, machine tools, electronics, food and beverages; shipbuilding; textiles
Exports: motor vehicles, machinery, chemical products, telecommunications technology, financial services, insurance
Imports: chemical products, motor vehicles, machinery, mineral oil and gas, financial services, insurance
Type of Government: Democratic federal parliamentary nation.
Type of Economic System:
Post world war two a social market economy had been introduced, however, through the formation of strong labour unions and the joining of the European Union, the system