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Economy of Europe

Economy of Europe. Countries as ranked by per capita GDP. Luxembourg. Sweden. Countries as ranked by per capita GDP. Luxembourg. Major producer and exporter of steel until 1960s. Banking and financial services now the most important economic activity.

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Economy of Europe

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  1. Economy of Europe

  2. Countries as ranked by per capita GDP Luxembourg Sweden

  3. Countries as ranked by per capita GDP Luxembourg • Major producer and exporter of steel until 1960s. • Banking and financial services now the most important economic activity. • Highest per capita GDP in the world. ($81,800) The European Investment Bank An old steel mill in Luxumbourg

  4. Countries as ranked by per capita GDP Switzerland • Secure and secret banking. • Highly skilled workforce. • Known for precision made tools, machines, electronics. • Tourism.

  5. Countries as ranked by per capita GDP Sweden • Timber, hydropower, iron ore major natural resources. • Highly skilled workforce. • Ranked highest in world on “business creativity.” • Export-based economy. The Swedish company Saab makes jet engines and hot cars.

  6. Polders in the NetherlandsLand reclaimed from the sea

  7. Polders in the Netherlands

  8. Polders in the Netherlands

  9. Polders in the Netherlands

  10. Polders in the Netherlands

  11. Polders are used for agriculture.

  12. Polders are used for agriculture.

  13. Polders are used for agriculture.

  14. Polders are used for agriculture.

  15. Polders in the Netherlands

  16. The climate of France is ideal for agriculture. (Marine west coast climate = plenty of rain.)

  17. French farmers are known for using advanced techniques. (mixed farming, crop rotation)

  18. Sunflowers in France

  19. Sunflowers in France

  20. Vinyards in France

  21. Dairy & beef cattle in France

  22. A golden wheat field in France.

  23. Lavender is grown in France.

  24. Acid Rain: Results of unchecked industrial emissions Air pollution and destruction of forests.

  25. Acid Rain has damaged many historical statues and buildings.

  26. Areas threatened by air and water pollution: Germany (Black Forest) Venice, Italy Rhine, Danube, and Seine Rivers

  27. Venice is suffering from severe water pollution and it is sinking into the Adriatic.

  28. Venice is suffering from severe water pollution and it is sinking into the Adriatic.

  29. Boats are part of everyday life in Venice, Italy. Police boat Postal boat Hearse boat Construction boat

  30. Venice is suffering from severe water pollution and it is sinking into the Adriatic.

  31. Venice, Italy: beautiful but polluted.

  32. The ChunnelA tunnel under the English Channel • A tunnel boring machine.

  33. From Dover England to Calais France The 31.4 mile long tunnel unites Britain with continental Europe.

  34. The Chunnel There are two train tunnels and a service tunnel.

  35. The tunnel is in the layer of rock under the sea.

  36. High speed trains move people and goods from Britain to France

  37. High speed trains move people and goods from Britain to France

  38. Mountain Regions:Tourism, recreation(skiing), and mineral resources.

  39. Rivers and canals serve as major transportation links.

  40. Oil reserves in the North Sea.

  41. Economic Characteristics of European Nations • Well-educated workforce • Industrial and technological societies • High-tech agriculture • Well-developed infrastructure • Fertile soils

  42. Demographics of Developed Countries:1. High Per Capita GDP2. High Life Expectancy3. Low Population Growth Rate4. Low Infant Mortality5. Low % of population under the age of 156. High Literacy Rate

  43. Large role of governments in the economy: Socialism Sweden and Denmark

  44. Sweden

  45. Differences in Western vs. Eastern European economic development

  46. Differences in Western vs. Eastern European economic development • Due to the failure of communist economic systems • Communism is now being replaced with capitalism in eastern Europe • Eastern European economies still lag behind.

  47. Eastern European countries are making a transition from a communist system to a capitalist economy. Example: Poland

  48. More about Poland

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