Frances Ecconomy :: essays research papers

France is one of the foundings richest nations. Industrialization began at the fetch up of the 18th century. Unlike England and the rest of Europe, France failed to maintain the momentum of its ahead of time industrial start and was still an agricultural nation at the end of the 19th century. to the highest degree growth has occurred since the end of World War II. France at present ranks among the worlds most economically advanced nations.A distinctive feature of the postwar french economy has been national economic development plans. The first, the Monnet plans named after denim Monnet who thought of it. Railways were nationalized in 1937, and many other sectors of the economy, including the coal, natural gas, electricity, banking, and transportation came down the stairs state control shortly after World War II. reason(a) major industries were nationalized in the early 1980s. In the early 1990s, manufacturing employed amongst 20% and 25% of the labor force. Many French bus iness enterprises ar small to moderate in size, although the competitive business climate created by membership in the EC has forced many companies to be restructured and combine to form powerful corporations.The leading manufacturing industries are metallurgy, mechanical and galvanizing engineering, chemicals, and textiles. In 1986, France ranked third in Europe in steel production, with an fruit of 14.8 million metric tons and second in aluminum output. These and trade metals are fabricated into a wide range of mechanical and electrical equipment marketed throughout the world. French locomotives, turbines, electronics equipment, nuclear power plants and submarines, and television systems are celebrated for their innovative design, as are French automobiles, such as Citroen, Peugeot, Simca, and Renault, and French aircraft, such as Mirage, Concorde, and Airbus. In 1985, France ranked fourth in the world in production of passenger cars and third in output of moneymaking(preno minal) vehicles. A wide range of chemicals, including perfumes, pharmaceuticals, nitric acid, sulfuric acid, and fertilizers, are alike produced. The French textile and garment industry has long been known for its broad(prenominal) fashion, although in recent years the industry has lost many former markets to lower-priced imports from countries with lower labor costs.Less than 1% of the labor force is booked in mining. In 1988 coal production was 14.5 million metric tons. Most of it from two principal coalfields the Lorraine coalfield near METZ, which is an extension into France of the Saar coalfield and the Nord-Pas de Calais coalfield around Lille, which is an extension into France of Belgiums Sambre-Meuse coalfields and is alike thin-seamed, faulted, and difficult to work.