Comparing European
Economies
United Kingdom, Germany, and
Russia
United Kingdom
UK’s Economic System
UK has a Mixed economic system
– It’s actually closer to a Market economy than any
other European cou...
UK’s Natural Resources
What’s available?
– Coal, petroleum, natural gas, iron ore,
lead, zinc, gold, tin, limestone, salt,...
UK’s Land Use
What percentage of the land is arable
(capable of being farmed)?
– 23%

What are the major agricultural
prod...
UK’s Industries
What’s being produced in the factories?
– Machine tools, electric power equipment,
automation equipment, r...
UK’s Literacy Rate
What percentage of people over the
age of 15 can read and write?
– 99%

How long are students required ...
UK’s Unemployment Rate
What percentage of people do not have
jobs?
– 7.9%

What percentage of people live in
poverty?
– 14...
UK’s GDP
$2.288 Trillion
GDP Per Capita--What is the value of
goods and services produced per
person?
– $36,500
UK’s Economic Problems
Unemployment
Over depletion of natural resources
(pollution)
Improving public services (which force...
Federal Republic of Germany
Germany’s Economic System
Germany has a Mixed economic
system
– After reunification in 1990, East Germany
had to move away...
Germany’s Natural Resources
What’s available?
– Coal, lignite, natural gas, iron ore, copper,
nickel, uranium, potash, sal...
Germany’s Land Use
What percentage of the land is arable
(capable of being farmed)?
– 33%

What are the major agricultural...
Germany’s Industries
What’s being produced in the factories?
– Among the world’s largest and most
technologically advanced...
Germany’s Literacy Rate
What percentage of people over the
age of 15 can read and write?
– 99%

How long are students requ...
Germany’s Unemployment
Rate
What percentage of people do not have
jobs?
– 8.4%

What percentage of people live in
poverty?...
Germany’s GDP
$3.11 Trillion
GDP Per Capita--What is the value of
goods and services produced per
person?
– $38,100
Germany’s Economic
Problems
Modernizing the former East German
economy (annual transfers from west to east
of $80 billion)...
Russian Federation
Russia’s Economic System
Russia has a Mixed economic system
– Russia’s economy has been moving away
from a Command economy...
Russia’s Natural Resources
What’s available?
– Wide natural resource base including
major deposits of oil, natural gas, co...
Russia’s Land Use
What percentage of the land is arable
(capable of being farmed)?
– 7% (permafrost over Siberia is a majo...
Russia’s Industries
What’s being produced in the factories?
– Coal, oil, gas, chemicals, metals,
machines, aircrafts, spac...
Russia’s Literacy Rate
What percentage of people over the
age of 15 can read and write?
– 99.4%

How long are students req...
Russia’s Unemployment Rate
What percentage of people do not have
jobs?
– 10.2%

What percentage of people live in
poverty?...
Russia’s GDP
$2.38 Trillion
GDP Per Capita--What is the value of
goods and services produced per
person?
– $16,700
Russia’s Economic Problems
Natural resources are difficult to use because of the
harsh climate, size and few navigable riv...
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European economies

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European economies

  1. 1. Comparing European Economies United Kingdom, Germany, and Russia
  2. 2. United Kingdom
  3. 3. UK’s Economic System UK has a Mixed economic system – It’s actually closer to a Market economy than any other European country UK is economically strong; one of the world’s leading industrial powers
  4. 4. UK’s Natural Resources What’s available? – Coal, petroleum, natural gas, iron ore, lead, zinc, gold, tin, limestone, salt, clay, chalk, gypsum, potash, silica sand, slate, arable land
  5. 5. UK’s Land Use What 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
  6. 6. UK’s Industries What’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
  7. 7. UK’s Literacy Rate What percentage of people over the age of 15 can read and write? – 99% How long are students required to stay in school? – 16 years
  8. 8. UK’s Unemployment Rate What percentage of people do not have jobs? – 7.9% What percentage of people live in poverty? – 14%
  9. 9. UK’s GDP $2.288 Trillion GDP Per Capita--What is the value of goods and services produced per person? – $36,500
  10. 10. UK’s Economic Problems Unemployment Over depletion of natural resources (pollution) Improving public services (which forces the country to raise taxes)
  11. 11. Federal Republic of Germany
  12. 12. Germany’s Economic System Germany 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. Germany’s economy is Europe’s largest & is the 3rd largest in the world
  13. 13. Germany’s Natural Resources What’s available? – Coal, lignite, natural gas, iron ore, copper, nickel, uranium, potash, salt, construction materials, timber, arable land
  14. 14. Germany’s Land Use What 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
  15. 15. Germany’s Industries What’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
  16. 16. Germany’s Literacy Rate What percentage of people over the age of 15 can read and write? – 99% How long are students required to stay in school? – 16 years
  17. 17. Germany’s Unemployment Rate What percentage of people do not have jobs? – 8.4% What percentage of people live in poverty? – 11%
  18. 18. Germany’s GDP $3.11 Trillion GDP Per Capita--What is the value of goods and services produced per person? – $38,100
  19. 19. Germany’s Economic Problems Modernizing 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 country Unemployment Over depletion of natural resources (pollution) Improving public services (which forces the country to raise taxes)
  20. 20. Russian Federation
  21. 21. Russia’s Economic System Russia 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)
  22. 22. Russia’s Natural Resources What’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
  23. 23. Russia’s Land Use What percentage of the land is arable (capable of 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
  24. 24. Russia’s Industries What’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
  25. 25. Russia’s Literacy Rate What percentage of people over the age of 15 can read and write? – 99.4% How long are students required to stay in school? – 14 years
  26. 26. Russia’s Unemployment Rate What percentage of people do not have jobs? – 10.2% What percentage of people live in poverty? – 15.8%
  27. 27. Russia’s GDP $2.38 Trillion GDP Per Capita--What is the value of goods and services produced per person? – $16,700
  28. 28. Russia’s Economic Problems Natural resources are difficult to use because of the harsh climate, size and few navigable rivers Moving away from the former Command economy of the Soviet Union (where the government made all of the decisions), and letting the public have a greater influence on the economy Unemployment
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