StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Economic Activity in Frace - Essay Example

Cite this document
Summary
This is as per the year 2013. This domestic product is a representation of 4.41% of the economy of the world. The average rate of the French GDP between the year 1960 to the period 2013 amounts…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER96.3% of users find it useful
Economic Activity in Frace
Read Text Preview

Extract of sample "Economic Activity in Frace"

Economic Statistics and Activity: The Gross Domestic Product of France is worth around 2734.95 billion of US dollars. This is as per the year 2013. This domestic product is a representation of 4.41% of the economy of the world. The average rate of the French GDP between the year 1960 to the period 2013 amounts to 1047.27 billion of US dollars. This shows that France is a very rich country. As of the year 2013, the income per capita in France amounted to 44,099 dollars (Gofen and Blandine, 22).

This is an indication that the poverty level in France is very low. Furthermore, as per the year 2013, the net adjusted average household income disposable income was 29,322 dollars, per year. This was more that the OECD countries which had an average house hold income of 23,938 dollars per year (Gofen and Blandine, 27). Despite these high numbers, there is a considerable difference between the poorest and the richest in France. The top 20% of the population in France are able to earn five times more, than the bottom 20% of the population.

The most relevant industry for the supply of ice cream laced wine is the hospitality industry (Gofen and Blandine, 21). This industry comprises of hotels, bars, discos, Casinos, etc. The hospitality industry in France is very stable, and the most lucrative. For instance, during the financial crisis, the hospitality industry was not affected. For example, France has the highest hotel penetration rate in Europe. This rate stands at 41%. The wine product sold by my company is a luxurious product, and hence the people of France can afford it.

This is because they have a strong income per capita, and the target industry is performing well. Works Cited:Gofen, Ethel, and Blandine Pengili Reymann. France. 3rd ed. New York: Marshall Cavendish, 2013. Print.

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Economic Activity in Frace Essay Example | Topics and Well Written Essays - 250 words”, n.d.)
Economic Activity in Frace Essay Example | Topics and Well Written Essays - 250 words. Retrieved from https://studentshare.org/marketing/1660678-economic-activity-in-frace
(Economic Activity in Frace Essay Example | Topics and Well Written Essays - 250 Words)
Economic Activity in Frace Essay Example | Topics and Well Written Essays - 250 Words. https://studentshare.org/marketing/1660678-economic-activity-in-frace.
“Economic Activity in Frace Essay Example | Topics and Well Written Essays - 250 Words”, n.d. https://studentshare.org/marketing/1660678-economic-activity-in-frace.
  • Cited: 0 times

CHECK THESE SAMPLES OF Economic Activity in Frace

Global Performance of German and France

As with all types of changes, this massive economic revolution has impacted the marginalized people as well along with business.... And it is good that it is; the onset of globalization has kick-started a movement of liberalization of independent thought process, which due to the heightened global interconnectivity may prove more successful than it ever was in any of the past socio-economic and cultural revolutions and in this respect these two countries, France and Germany, cannot be overlooked....
10 Pages (2500 words) Essay

Economics of Race and Gender

Despite the fact that in an ideal society, which many societies claim to be, access to political and economic opportunities must be based on meritocratic factors, however, the same is true.... The entire human history reveals that social positions and social classes have greatly affected the ability of people to score on political and economic grounds....
7 Pages (1750 words) Essay

Love DISABILITY & PHYSICAL ACTIVITY

In spite of economic prosperity in various regions, people with disabilities encounter higher levels of social, economic and political isolation compared to those without the condition (Andreasen, 1995, p 17).... For a long time, sporting activities for these persons have played a critical role in promoting greater participation for the minority group in addition… In spite of the recognised benefits of sports to the disabled people, they still experience formidable challenges in accessing favourable sporting environment, a situation that limits their participation and wellbeing This report discusses the major barriers that restrict disabled people in accessing and progressing within the available sporting infrastructure in Darlington Borough, in United Kingdom....
5 Pages (1250 words) Essay

Racism as a Social Issue

Unmistakably identifiable Unless controlled, these conditions constantly prompt more noteworthy ethnic and racial competition and to more noteworthy political, social, and economic oppression.... According to Barusch (264) racism is a modern phenomenon that has been in place for a longer time and it aims at alienation and exploitation of both economic and social state of the victims....
3 Pages (750 words) Essay

Effects of the US Economic Meltdown on France

The paper "Effects of the US economic Meltdown on France" highlights that the problem in the French economy is being cited as the United States generated a global crisis.... This is true that the centre of the problem lies in extremely unregulated US financial system.... nbsp;… Generally, it is essential to state that financial reforms in the way of curtailing benefits of the existing rich for the betterment of the actually excluded can solve the problem....
10 Pages (2500 words) Case Study

The Effects of Telecommunication Systems on Economic Activity

This paper “The Effects of Telecommunication Systems on economic activity” intends to study the importance of telecommunication and its consequent effect on the economy's growth.... Due to easy acquisition and transmission of information amongst economic units, and by smoothing out the progress of two-way communications over space, telecommunications help in the organization of economic activity.... Further, the author analyzes the expansion in telecommunication and economic growth across 15 countries....
10 Pages (2500 words) Dissertation

Race and Gender in Adult Education

This paper ''Race and Gender in Adult Education'' discusses the bibliography that gives a summary of each of the entries.... One of articles by Abbott-Chapman was designed to understand the needs disadvantage children as they transition from high school to higher education.... hellip; One of the biggest issues in this article was the fact that students need someone to help them in their transition because most students do not move along a pathway that moves in a straight line from high school to college....
9 Pages (2250 words) Annotated Bibliography

Economics of Leisure

These things have defined the culture of people, but with the extent of economic growth, only a few of the people engage in creation facilities.... This essay discusses the economics of leisure since the advent of the industrial revolution.... The nature of the people practice shows that people spent most of their time looking for foods....
6 Pages (1500 words) Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us