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Comparing European
    Economies
 United Kingdom, Germany,
         and Russia
Information was retrieved from
CIA World Factbook in November 2010
United Kingdom
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
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
   • (write down 3)
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
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
   • (write down 3)
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
UK’s Unemployment Rate (2009)
 What percentage of people do not have
 jobs?
 – 7.6%


 What percentage of people live in
 poverty?
 – 14%
UK’s GDP (2009)
$2.128 trillion
– 7th in the world


GDP Per Capita--What is the value of
goods and services produced per person?
– $34,800
UK’s Economic Problems
Unemployment
Over depletion of natural resources
(pollution)
Improving public services (which forces the
country to raise taxes)
Federal Republic of Germany
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 Natural Resources
What’s available?
 – Coal, lignite, natural gas, iron ore, copper,
   nickel, uranium, potash, salt, construction
   materials, timber, arable land
    • (write down 3)
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
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
       – (write down 3)
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
Germany’s Unemployment
       Rate (2009)
What percentage of people do not have
jobs?
– 7.5%


What percentage of people live in
poverty?
– 11%
Germany’s GDP (2009)
$2.81 trillion
– 6th largest in the world


GDP Per Capita--What is the value of
goods and services produced per person?
– $34,100
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)
Russian Federation
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)
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
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
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
   • (write down 3)
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
Russia’s Unemployment Rate
                 (2009)

What percentage of people do not have
jobs?
– 8.4%


What percentage of people live in
poverty?
– 15.8%
Russia’s GDP (2009)
$2.11 trillion
– 8th largest in the world


GDP Per Capita--What is the value of
goods and services produced per person?
– $15,100
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
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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Week 17 day 5-3 european economies- computer lab

  • 1. Comparing European Economies United Kingdom, Germany, and Russia
  • 2. Information was retrieved from CIA World Factbook in November 2010
  • 4. 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
  • 5. 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 • (write down 3)
  • 6. 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
  • 7. 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 • (write down 3)
  • 8. 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
  • 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 world GDP Per Capita--What is the value of goods and services produced per person? – $34,800
  • 11. UK’s Economic Problems Unemployment Over depletion of natural resources (pollution) Improving public services (which forces the country to raise taxes)
  • 13. 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.
  • 14. Germany’s Natural Resources What’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 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
  • 16. 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 – (write down 3)
  • 17. 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
  • 18. Germany’s Unemployment Rate (2009) What percentage of people do not have jobs? – 7.5% What percentage of people live in poverty? – 11%
  • 19. Germany’s GDP (2009) $2.81 trillion – 6th largest in the world GDP Per Capita--What is the value of goods and services produced per person? – $34,100
  • 20. 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)
  • 22. 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)
  • 23. 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
  • 24. 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
  • 25. 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 • (write down 3)
  • 26. 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
  • 27. Russia’s Unemployment Rate (2009) What percentage of people do not have jobs? – 8.4% What percentage of people live in poverty? – 15.8%
  • 28. Russia’s GDP (2009) $2.11 trillion – 8th largest in the world GDP Per Capita--What is the value of goods and services produced per person? – $15,100
  • 29. 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
  • 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