In-text citation:
(Kibin, 2025)
Reference list entry:
Kibin. (2025). An introduction to the industry in germany. http://www.kibin.com/essay-examples/an-introduction-to-the-industry-in-germany-zyeXrYRf
Country issues
Country issues related to Germany are addressed in four contexts. The areas of consideration are (1) cultural, social, and demographic trends and concerns, (2) political/governmental concerns, (3) exchange rate issues, and (4) macroeconomic issues. Cultural, Social, and Demographic Trends and Concerns Germany is the slightly larger than the combined size of Ohio, Pennsylvania, and New York. (137,691 square miles.) Germany is a nation of 81.5 million people (Hunter, 1997). The rate of population growth in Germany approximates one-percent per year. The head of the government is Chancellor Gerhard Schroder (elected on October 27,1998). The official language is German. The principal religions are Protestant (Evangelical Lutheran) and Roman Catholic-Christianity. German workers are among the best educated, best trained, and most productive to be found anywhere in the world. Germany's modest population growth tends to produce market stability, as opposed to market growth. Thus, automobile manufacturers in Germany tend to look to exports for sales growth. Germany's chief commercial exports include machinery, automobiles (Volkswagen, Mercedes-Benz, Audi), chemicals, iron, and steel. Political/Government Concerns Germany is a parliamentary democracy. A proportional representation system assures that smaller parties are represented in the Bundestag. The governing conservative coalition, the Christian Democratic Union (all states other than Bavaria) and the Christian Social Union (in Bavaria where the Christian Democratic Union does not stand), has held power since 1982 (Hunter, 1997). The reunification of East Germany and West Germany into a single state has produced economic, political, and social problems. While not all of these problems have been completely solved, they do not represent a source of instability in the country.
Exchange Rate Issues
The currency in Germany is called Deutsche Mark. The economy in Germany is the strongest in Western Europe and is an important member of the European Union. The principals of the social market economy guide its economic activity. Germany has pursued a monetary policy of that emphasized the control of inflation, relatively high interest rates, and a strong mark, often to the complete dismay of
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