Economy of the Germany

Tuesday, September 27, 2011, 5:42
Study Abroad, Study in Germany
Add a comment

Many years have been passed after the fall of Berlin Wall, Germany progress towards the economic integration which is between western and eastern Germany which is clearly visible but the eastern region almost certainly remain dependent on all the subsidies that are funded by the western Germany. The western Germany has the most capita output than eastern Germany which is three times per Capita and has an advanced market economy and is also a world leader in exports.

Western Germany has actually very skilled and highly urbanized population that always enjoy the excellent living standards, benefits of comprehensive social welfare and abundant leisure time of the Western Germany. Actually western Germany is very poor in natural resources but has the best mineral known as Coal. World class companies of the western Germany are the best manufacturer of technological advanced goods. The economy of this region is also very mature with many services and economic activities.

The industries in western Germany are the world’s largest and are considered as the technologically advanced producers of steel, iron, chemical, coal, machinery, cement, electronics, vehicles, food, machine tools and beverages. On the other hand the industries in the eastern are the chemical, machine building, metal fabrication, food and beverages, brown coal, textiles, shipbuilding and petroleum refining.

The agriculture rate in the Germany is different according to their states. Agriculture accounts in western are about 1% of the GDP that includes fishing and forestry. Western Germany has diversified crop and also has livestock farming. The principals in crops and livestock includes many thing such as Potatoes, fruit, barley, cattle, sugar beets, cabbage, net importer o food, pigs and poultry.

But the agriculture of the eastern Germany includes accounts for 10% of GDP that includes forestry and fishing. Eastern Germany has principal crops that includes rye, potatoes, wheat, sugar beets, barely, and fruits. The livestock products that are included in the eastern Germany are chicken, pork, skins, beef, hides and milk.

For more information about Study in Germany please visit here:
http://study.result.pk/study-abroad/study-in-germany/