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Week 17  day 5-3 european economies- computer lab
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Week 17 day 5-3 european economies- computer lab

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  • 1. Comparing European Economies United Kingdom, Germany, and Russia
  • 2. Information was retrieved fromCIA World Factbook in November 2010
  • 3. United Kingdom
  • 4. UK’s Economic SystemUK has a Mixed economic system– It’s actually closer to a Market economy than any other European countryUK is economically strong; one of the world’sleading industrial powers
  • 5. UK’s Natural ResourcesWhat’s available?– Coal, petroleum, natural gas, iron ore, lead, zinc, gold, tin, limestone, salt, clay, chalk, gypsum, potash, silica sand, slate, arable land • (write down 3)
  • 6. UK’s Land UseWhat percentage of the land is arable(capable of being farmed)?– 23%What are the major agricultural products?– Cereals, oilseed, potatoes, vegetables, cattle, sheep, poultry, & fish
  • 7. UK’s IndustriesWhat’s being produced in the factories?– Machine tools, electric power equipment, automation equipment, railroad equipment, shipbuilding, aircraft, motor vehicles, communications devices, metals, chemicals, coal, petroleum, paper, textiles, food processing, clothing, & other consumer goods • (write down 3)
  • 8. UK’s Literacy RateWhat percentage of people over the ageof 15 can read and write?– 99%How long are students required to stay inschool?– 16 years
  • 9. UK’s Unemployment Rate (2009) What percentage of people do not have jobs? – 7.6% What percentage of people live in poverty? – 14%
  • 10. UK’s GDP (2009)$2.128 trillion– 7th in the worldGDP Per Capita--What is the value ofgoods and services produced per person?– $34,800
  • 11. UK’s Economic ProblemsUnemploymentOver depletion of natural resources(pollution)Improving public services (which forces thecountry to raise taxes)
  • 12. Federal Republic of Germany
  • 13. Germany’s Economic SystemGermany has a Mixed economic system– After reunification in 1990, East Germany had to move away from a Command economic system and slowly towards a Mixed system.
  • 14. Germany’s Natural ResourcesWhat’s available? – Coal, lignite, natural gas, iron ore, copper, nickel, uranium, potash, salt, construction materials, timber, arable land • (write down 3)
  • 15. Germany’s Land UseWhat percentage of the land is arable(capable of being farmed)?– 33%What are the major agricultural products?– Potatoes, wheat, barley, sugar beets, fruit, cabbages, cattle, pigs, poultry
  • 16. Germany’s IndustriesWhat’s being produced in the factories?– Among the world’s largest and most technologically advanced producers of iron, steel, coal, cement, chemicals, machinery, vehicles, machine tools, electronics, food & beverages, shipbuilding, & textiles – (write down 3)
  • 17. Germany’s Literacy RateWhat percentage of people over the ageof 15 can read and write?– 99%How long are students required to stay inschool?– 16 years
  • 18. Germany’s Unemployment Rate (2009)What percentage of people do not havejobs?– 7.5%What percentage of people live inpoverty?– 11%
  • 19. Germany’s GDP (2009)$2.81 trillion– 6th largest in the worldGDP Per Capita--What is the value ofgoods and services produced per person?– $34,100
  • 20. Germany’s Economic ProblemsModernizing the former East German economy(annual transfers from west to east of $80 billion)– The former East Germany’s decayed economy continues to be a burden on the countryUnemploymentOver depletion of natural resources (pollution)Improving public services (which forces thecountry to raise taxes)
  • 21. Russian Federation
  • 22. Russia’s Economic SystemRussia has a Mixed economic system– Russia’s economy has been moving away from a Command economy and more towards a free Market economy since the fall of the Soviet Union in 1991…not there yet (Mixed)
  • 23. Russia’s Natural ResourcesWhat’s available?– Wide natural resource base including major deposits of oil, natural gas, coal, many minerals, timber*Obstacles such as harsh climate, terrain, distance, & size hinder Russia’s exploitation (use) of natural resources
  • 24. Russia’s Land UseWhat percentage of the land is arable (capableof being farmed)?– 7% (permafrost over Siberia is a major problem for growing crops!)What are the major agricultural products?– Grain, sugar beets, sunflower seed, vegetables, fruits, beef, milk
  • 25. Russia’s IndustriesWhat’s being produced in the factories?– Coal, oil, gas, chemicals, metals, machines, aircrafts, space vehicles, shipbuilding, communication devices, tractors, construction equipment, medical & scientific instruments, textiles • (write down 3)
  • 26. Russia’s Literacy RateWhat percentage of people over the ageof 15 can read and write?– 99.4%How long are students required to stay inschool?– 14 years
  • 27. Russia’s Unemployment Rate (2009)What percentage of people do not havejobs?– 8.4%What percentage of people live inpoverty?– 15.8%
  • 28. Russia’s GDP (2009)$2.11 trillion– 8th largest in the worldGDP Per Capita--What is the value ofgoods and services produced per person?– $15,100
  • 29. Russia’s Economic ProblemsNatural resources are difficult to use because of the harshclimate, size and few navigable riversMoving away from the former Command economy ofthe Soviet Union (where the government made all of thedecisions), and letting the public have a greater influenceon the economyUnemployment
  • 30. Top 20 GDP Leaders (2010) 1 European Union $ 14,430,000,000,000 2 United States $ 14,120,000,000,000 3 China $ 8,818,000,000,000 4 Japan $ 4,149,000,000,000 5 India $ 3,680,000,000,000 6 Germany $ 2,815,000,000,000 7 United Kingdom $ 2,123,000,000,000 8 Russia $ 2,116,000,000,000 9 France $ 2,094,000,000,000 10 Brazil $ 2,010,000,000,000 11 Italy $ 1,737,000,000,000 12 Mexico $ 1,463,000,000,000 13 Korea, South $ 1,362,000,000,000 14 Spain $ 1,359,000,000,000 15 Canada $ 1,277,000,000,000 16 Indonesia $ 960,200,000,000 17 Turkey $ 879,900,000,000 18 Australia $ 848,400,000,000 19 Iran $ 825,900,000,000 20 Taiwan $ 734,300,000,000

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