ranjan

The economy of Germany developed after the end of World War II in 1945 is a highly developed social market economy in the world. It has the fourth largest nominal GDP in the world and is a founding member of European Union. It allows free market economy in consumer goods and business services and imposes regulations in those areas to protect citizens. It has been found a perfect mix of capitalism and socialism in economy thus allowing them to prosper economically and socially. Due to its central geographic location, Germany is in interface with new markets of Southern and Eastern Europe. In global trading of goods and services, Germany is in second place after USA Germany stands out as a center of business through : - Innovative and internationally active companies - Developed infrastructure - Qualified and motivated employees - Internationally recognized education system - Top achievement in Research and Development Main industries in Germany are Automotive, Chemicals, Meta