europen economies

1. European Economies

2. United Kingdom

3. Introduction
• United Kingdom has given a lot to the world, from shake
spears to industrial revolution.
• United Kingdom has a Mixed economic system
 Its actually closer to a market economy than any other European country
• United Kingdom is economically strong; one of the world’s
leading industrial powers

4. Natural Resources
• Coal, petroleum, natural gas, iron ore,
lead, zinc, gold, tin, limestone, salt,
clay, chalk, gypsum, potash, silica
sand, slate, arable land

5. Land Use
• 28% of the land is arable (capable of being formed)
• What are the major agricultural products?
 Cereals, oilseed, potatoes, vegetables, cattle, sheep, poultry, and
fish

6. Industries
• Machines tools, electric power equipment, automation
equipment, railroad equipment, shipbuilding, aircraft, motor
vehicles, communication devices, metals, chemicals, coal,
petroleum, textiles, food processing, clothing, and other
consumer goods

7. • Uk’s Unemployment Rate
 7.9% (2009)
• Percentage of people live in poverty
 14%
• UK’s GDP was $2.31 trillion (2008)
• GDP Per Capita– What is the value of goods and services
produced per person?
 35,100 (2007)

8. UK’s Economic Problems
• Unemployment
• Over depletion of natural resources (pollution)
• Improving public services (which forces the country to raise taxes)

9. Luxembourg

10. introduction
Richest country in the continent of Europe GDP per capita
based on population size.
Having a population of just 0.54 million, has a much higher GDP
per capita which is 110,697.03 U$D (2013).
• Since World War II, the economy of Luxembourg has been
marked by high income levels and low unemployment.

11. It's economic success has been due to the skills of its people. The nation
has one of the world's most educated labor forces.
In 2003,Unemployment rate was the lowest in Europe at 2.9 percent
Inflation rate was only 1.1 percent ,that is 0% according to new
economy report.
The GDP is 60.13 billion USD (2013)
The economy of Luxembourg is largely dependent on the banking, steel,
and industrial sectors.

12. Banking
Banking and financial services are now the main
considerations in the economy.
In 2000 there were 222 banks in the country with 21,458
employees (9.5 percent of the workforce).

13. Steel Industory
• As the steel industry declined in the 1970s,
Luxembourg restructured its steel producers into a single entity,
ARBED, a multinational group which is among the most
important steelmakers in the world.
• Steel still accounts for 29 percent of the exports, 1.8 percent of
the GDP, and 3.9 percent of employment.
ARBED INDUSTORY IN 1991

14. • Luxembourg in tourist literature is called by "Green Heart of
Europe“.
• Luxembourg has a number of minor rivers, such as the Alzette, and
the Pétrusse.

15. Agriculture
The GrandDuchy’s small but productive agricultural sector is
highly subsidized both from the government and the European
Union.
Vineyards in the Moselle Valley produce up to 15 million liters of
wine a year