Germany has a strong technical and economic. In 2003, the per capita gross domestic product in Germany, 25.25 thousand U.S. dollars. This is the 23rd highest in the world per capita income: $ 38860 calculation. Gross domestic product growth rate has dropped since the 20th century, 80 years each year. Germany has a considerable economic success of World War II to lose its economic reconstruction. It is the third great world economic power after the United States and Japan. Fiscal and monetary policies taken by the government is cautious. The idea is to make the social market economy. This idea demands, the economy is by market forces, the state promoting the correct market imperfections and to help the disadvantaged. Many focus on bank finance. Company can focus on long-term. Germany's economy is divided into two regions: West Germany and East Germany. In the eastern region, the economy is still quite weak. Twice the rate of unemployment in the western region. East and West in 1990, after German reunification, Germany's economic prosperity and refused. Manufacturing industry is an important sector of the German economy. Telecom is becoming an important industry. The most important manufacturing sector is chemicals and motor vehicles. In the manufacturing sector in the proportion of gross domestic product stable at 30%, while the fisheries, agriculture and forestry has been declining, the lowest point in 2002, according to the World Bank to reach an agreement. Agriculture is important to the overall economic downturn and steel manufacturing industries. Agricultural employment less than 3% decrease in the number of population in 2004 compared to 91 years of 4%. But Germany can be covered by domestic production by 90% of nutritional needs. Export value of more than 1 / 3 of domestic production, due to the German economy is mainly export-oriented. Germany mainly exports chemicals, automotive, food, beer, machinery, textiles, electronics, metals, while imports of textiles, machinery, textiles and chemicals. Germany's largest trading partner is the French. The United States is the second largest trading partner. USA and Germany import data-processing equipment and aircraft and change, chemical, mechanical and electrical equipment, especially in automobile exports. Germany's largest energy resource is coal, but mining, because since 1989, a decrease of environmental policy. In the United States, China, India and Japan, and Germany is the world's fifth largest energy consumer and the largest in Europe.
Tags: China, East Germany, Economy, Europe, fiscal and monetary policies, German, Germany, India, Japan, social market economy, U.S., United States, USA, West Germany, world
Powered by Yahoo! Answers
SEO Powered by Platinum SEO from Techblissonline