Italy

             The Republic of Italy is located in Southern Europe. In Italy, the economy of the North and the economy of the South are dramatically different. This difference is reflected in the population breakdown of Italy. In fact, more than two-thirds of Italy's 57.6 million people live in the urban north. For my third module paper, I will discuss Italy's economy. Concentrating on the role that manufacturing and services play in the economy of Italy.
             In Italy agriculture is not a huge aspect of Italy's economy. Today, only about ten percent of the population works in agriculture. In fact, agriculture accounts for about less than six percent of Italy's Gross Domestic Product. The bulk of the agricultural services in the country are located in the south. The biggest problem for agriculture in Italy is a lack of land, since Italy's land mass coupled with its population makes it difficult to find land for agricultural uses. Though agriculture in Italy is not a major piece of the economy pie, Italy is still considered a world leader in the production of grapes and olives.
             Just as there is not much agriculture in Italy, there are even fewer precious metals. With virtually no gold, silver, platinum, copper, zinc, tin, bauxite, aluminum, or lead, it would appear that Italy would have a problem. However, Italy's economy has flourished in the absence of such precious metals. In fact, the lack of quality iron ore in Italy slowed industrial growth. Without iron ore, steel production for machines, railways and other industrial products was hindered. As a result, Italy did not get fully industrialized until after World War II.(Geographic). The lack of precious metals caused Italy to look elsewhere for necessary materials. In the time of the Romans, They would go to other countries conquer them and bring back goods and materials needed by Italy. Now however, trade is the means
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Italy. (1969, December 31). In MegaEssays.com. Retrieved 01:37, April 25, 2024, from https://www.megaessays.com/viewpaper/30739.html