Germany's Economy
Germany is a country located in Central Europe with 137,326 square miles, which is approximately the size of Montana. The population of this country is 82 million. Berlin has been the national capital since October 1990. Germany's government is a democratic, federal, multi-party republic with representatives chosen directly by the people. The Federal President is elected for a five-year term, and may be re-elected for only one-second consecutive term. The Federal Chancellor is elected for a four-year term and has no limitations on re-elections. There is also an Upper and Lower House Parliament. Over half of Germany's land is used for farming. One quarter of the land is forests; therefore, timber is one of Germany's great national resources (Figure 1). Other natural resources are iron ore, coal, copper, natural gas, and salt. Built-up Areas, Roads and Railways 11.8% Source: Germany Embassy, Washington, D.C. Statistics Since the European Union's (EU) founding in 1949, the Federal Republic of Germany has been one of the main advocates of European unification. Its founders recognized this European unificati
In these six years, Germany has decreased their country's unemployment rate by 2. This effort lead to the establishment of the European Economic Community (EEC) and the European Atomic Energy Community (EURATOM) in 1957. German workers are among the best educated, best trained, and most productive in the world. Retrived January 22, 2004, http://www. org/relaunch/info/facts-aboyt/05-03Grubel, H. Germany, being a central player in the European Union, has offered co-financing of community expenditures which are viewed as a means to assist German objectives, has been consistently blocked by other nations. ) and Germany's purchasing power parity - $2. What the total costs will be to the German taxpayers or how long they will have to pay for it, is to be determined.
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