Resources of Germany
The German economy is essentially a processing economy, in both eastern and western Germany. Before the unification, 40 percent of the german workforce was involved in manufacturing, with the ain industries being machiene tools, automotive manufacturing, elecrtrical engineering, iron, steel, chemicals, and optics.
Almost all area western germany has some industry, the main areas are in the Ruhr district in north Rhine-Westphalia, the traditional center of German coal, steel, and heavy industry. Some of the large cities are Hanover, Munich, Frankfurt, and Stuttgart.
The chemical production areas stretch along the Rhine river in Baden-Wurttemberg and farther north.
The Automotive manufacturing are in the increasingly concentrated in southern Germanys Bavaria and Baden Wurttenberg.
In eastern Germany, the main industrial manufacturing areas are Saxony, Saxony-Anhalt, and Thuringia, principally concentrated in the leipzig, Dredsen, Halle, and Chemnitz regions.
Almost all area western germany has some industry, the main areas are in the Ruhr district in north Rhine-Westphalia, the traditional center of German coal, steel, and heavy industry. Some of the large cities are Hanover, Munich, Frankfurt, and Stuttgart.
The chemical production areas stretch along the Rhine river in Baden-Wurttemberg and farther north.
The Automotive manufacturing are in the increasingly concentrated in southern Germanys Bavaria and Baden Wurttenberg.
In eastern Germany, the main industrial manufacturing areas are Saxony, Saxony-Anhalt, and Thuringia, principally concentrated in the leipzig, Dredsen, Halle, and Chemnitz regions.
East and west Unification
Almost two decades since East and West Germany combined, a study shows that eastern states are catching up with their western neighbors. The standard of living in the former East Germany has improved significantly. Since the merger, markets have been picking up, agriculture has been bringing in more profit and same with the manufacturing industry. More and more automobiles keep getting exported each year.
Most Successful German Industry
The single most successful industry in gemrany is going to be the Mechanical Engineering industry, with a turnover in 1991 of DM240 billion. This industry is dominated by small less than 1000 employees companies. 4000 or more throughout the country. Only 3% of the companies hire more than 1000 employees. Almost 2/3 of the products are exported. So, there are not to many job places with huge employees populations, which means the employees are more likely to be recognized and cared for more if they are in a smaller company where the bosses and CEO's are actually in the office or factory where they work.
The Best Known Industry in Germany
The best-known industry and the second-largest, with a turnover of $217 billion in 1991, is Automotive Manufacturing. Almost half of German-produced cars are exported, mainly to other european countries and to North America. Such companies as Mercedes-Benz, Volkswagen, Audi, Porche, Opel, and BMW are well known throughout the world.
Current Events in the Auto Industry
While Britain braces itself for a rough new year with more lay-offs and unemployment, more than 80% of German manufacturing companies say they think business will stay steady or improve in 2012.
Around 60,000 new jobs will be created as a result, according to the German Chambers of Industry and Commerce (DIHK) in its latest industry report (guardian.co.uk)
Current Events in the Auto Industry
While Britain braces itself for a rough new year with more lay-offs and unemployment, more than 80% of German manufacturing companies say they think business will stay steady or improve in 2012.
Around 60,000 new jobs will be created as a result, according to the German Chambers of Industry and Commerce (DIHK) in its latest industry report (guardian.co.uk)
Employment Opportunities
Do you know what firms constitute 98% of all German companies? And hire 80% of all employees? Who are also responsible for a significant share of exports, and provide one of the firmest foundations of the middle class? Your probably thinking of the big firms know as Mercedes-Benz, Volkswagen, Siemens,or Bayer, but its NOT! Its the small- and medium-sized firms that constitute all the jobs and opportunities what Germans call Mittelstand*. Although the term has political connotations, it has been widely accepted to mean companies that employ fewer than 1000 workers.
*Mittelstand refers to small and medium-sized enterprises in German-speaking countries, especially in Germany, Austria and Switzerland. Economic and business historians have been increasingly giving Mittelstand companies more and more credit for Germany's economic growth in the beginning of the 20th century. (K. Hartman)
*Mittelstand refers to small and medium-sized enterprises in German-speaking countries, especially in Germany, Austria and Switzerland. Economic and business historians have been increasingly giving Mittelstand companies more and more credit for Germany's economic growth in the beginning of the 20th century. (K. Hartman)
Land
By size, Germany is the seventh-largest European country and from north to south the topography varies quite dramatically.
Natural resources: coal, lignite, natural gas, iron ore, copper, nickel, uranium, potash, salt, construction materials, timber, arable land
They're the world producer of brown coal, and they use hydroelcetricy to power most of these plants.
Did you know that over 80 percent of Germany's land is used for agriculture and forestry? I had know idea! Actually in the western states, the number of farms decreased a lot between 1949 and 1997 as machines started to replace human workers, and productivity increased.
East Germany has more agriculture than west Germany, there GDP was twice as high as in the west, even after the two economies are completely united, In north Eastern germany where its more flat and wide open, cereals and sugar beets are grown. Everywhere else where the terrain is more mountainess and hilly, is where they farm vegetables, milk, and beef.
Most river valleys in southern and western Germany, have vineyards along them, which is pretty cool because when I think of vineyards I don't necessarily think Germany.
Natural resources: coal, lignite, natural gas, iron ore, copper, nickel, uranium, potash, salt, construction materials, timber, arable land
They're the world producer of brown coal, and they use hydroelcetricy to power most of these plants.
Did you know that over 80 percent of Germany's land is used for agriculture and forestry? I had know idea! Actually in the western states, the number of farms decreased a lot between 1949 and 1997 as machines started to replace human workers, and productivity increased.
East Germany has more agriculture than west Germany, there GDP was twice as high as in the west, even after the two economies are completely united, In north Eastern germany where its more flat and wide open, cereals and sugar beets are grown. Everywhere else where the terrain is more mountainess and hilly, is where they farm vegetables, milk, and beef.
Most river valleys in southern and western Germany, have vineyards along them, which is pretty cool because when I think of vineyards I don't necessarily think Germany.
Entrepreneurial ability
East Germany is definitely behind west Germany in the business world. East German economy has been suffering from high unemployment and low economic growth compared to West Germany. According to
Zoë Kuehn in Dissertation Abstract, she states:
"three key aspects of its integration into West Germany inhibit this mechanism: 1) the unrestricted mobility of East Germans to the West, 2) the policy of fixing East German wages as fractions of West German wages, and 3) the importance of family tradition for entrepreneurship in West Germany. Counterfactual experiments show that eliminating any of these three aspects leads to more entrepreneurs, less unemployment, and higher economic growth in East Germany. "
Germany has very good entrepreneurable abilities for people willing to work. They are coming up from a suffering economy which means they are almost starting from scratch with lots of opportunities. For instance a person can go up to north Germany, purchase some land and start farming some cereals
potatoes, wheat, barley, and sugar beets. Or you can purchases some land in southern germany, open up a vineyard, grow some grapes, and even create a little resort type oaisis for people to come and relax and taste some beautifully grown German wine. Germany is starting fresh and has so many opportunities for the entrepreneur and business man to be successful.
"three key aspects of its integration into West Germany inhibit this mechanism: 1) the unrestricted mobility of East Germans to the West, 2) the policy of fixing East German wages as fractions of West German wages, and 3) the importance of family tradition for entrepreneurship in West Germany. Counterfactual experiments show that eliminating any of these three aspects leads to more entrepreneurs, less unemployment, and higher economic growth in East Germany. "
Germany has very good entrepreneurable abilities for people willing to work. They are coming up from a suffering economy which means they are almost starting from scratch with lots of opportunities. For instance a person can go up to north Germany, purchase some land and start farming some cereals
potatoes, wheat, barley, and sugar beets. Or you can purchases some land in southern germany, open up a vineyard, grow some grapes, and even create a little resort type oaisis for people to come and relax and taste some beautifully grown German wine. Germany is starting fresh and has so many opportunities for the entrepreneur and business man to be successful.
Bibliography
http://www.photius.com/countries/germany/economy/germany_economy_manufacturing.html
http://www.lonelyplanet.com/maps/europe/germany/
http://www.guardian.co.uk/business/2011/dec/27/germany-manufacturing-2012-optimismhttp://www.thehindu.com/multimedia/dynamic/01089/21TVEP-Q_1089661g.jpghttp://www.derrickpetroleum.com/2012/01/30/exxonmobil-realm-energy-bnk-petroleum-and-3legs-resources-active-in-german-shale/
http://spencerhayes.wordpress.com/country-analyst-1/ppc-change/
https://www.cia.gov/library/publications/the-world-factbook/geos/gm.html
http://www.worldatlas.com/webimage/countrys/europe/germany/deland.htm
http://www.eco.uc3m.es/~zkuehn/DissertationAbstract_ZoeKuehn.pdf
K. Hartmann: "German Mittelstand deals: Dead, or alive and kicking?". In: Acquisition Monthly Nr. 9, 2005, p. 2–3.
http://www.lonelyplanet.com/maps/europe/germany/
http://www.guardian.co.uk/business/2011/dec/27/germany-manufacturing-2012-optimismhttp://www.thehindu.com/multimedia/dynamic/01089/21TVEP-Q_1089661g.jpghttp://www.derrickpetroleum.com/2012/01/30/exxonmobil-realm-energy-bnk-petroleum-and-3legs-resources-active-in-german-shale/
http://spencerhayes.wordpress.com/country-analyst-1/ppc-change/
https://www.cia.gov/library/publications/the-world-factbook/geos/gm.html
http://www.worldatlas.com/webimage/countrys/europe/germany/deland.htm
http://www.eco.uc3m.es/~zkuehn/DissertationAbstract_ZoeKuehn.pdf
K. Hartmann: "German Mittelstand deals: Dead, or alive and kicking?". In: Acquisition Monthly Nr. 9, 2005, p. 2–3.