German Economy

Germany has mostly small farms. They are about 20-25 acres big.These farmers grow about 75% of the food the Germans need.The farmers grow wheat, oats, vegetables, sugar beets, apples, and grapes for wine.Farmers also raise beef and dairy cows, pigs, horse, sheep and chickens.Usually farmers have other jobs and farming is done on the side.Fishing is a big industry for the northernpart of the country.The fisherman catch a lot of cod and herring.
Germany’s most important exports are cars (like Mercedes Benz and Volkswagen cars), machine and machine tools, chemicals, agricultural products and fuels.Major imports that Germany needs are food, manufactured items and fuel.
Germany does over half of its trade with other European Nations and some with other countries around the world.
Natural resources of Germany are potash and rock salt, which it has a lot of.Other resources are coal, lignite (which is a low quality of coal), copper, lead, timber, uranium and natural gas.Germany has arable land (about 33%) and forests are about 31% of the country.The rest are rivers, lakes, mountains, etc.
Germany is a big country for manufacturing goods.Manufactured products of Germany that are made of steel are cars and trucks (third in the world, behind Japan and the U.S.), machinery (farming and industrial equipment) and ships.Germany also makes cement, clothing (I have a pair of German shoes), medical drugs, plastic, cameras, computers, toys and paper to name a few.
The money in Germany is similar to ours.Our penny is 1 cent and for them it is called a pfennige.100 pfennige equal 1 Deutsche mark.Also 100 pfennige equal a Euro.The Euro is a new currency that all of Europe is trying to make as the main money so that each country doesn’t have to have its own currency.