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German Economy

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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

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